December 2025 Square Loans

[beautyspabrow]

This is my 18th loan with square, these loans have helped build my business tremendously since 2019. my lowest offer being 2100 to now paying off my highest of 38,900 - 80% paid off - always early pay off before the due date metrics.. I know the usual square verbiage "no guarantee of an offer, must be 3/4th paid for any hopes" etc.. just wondering if anyone please in similar shoes as me, has seen an offer in December yet? I desperately need this holiday boost , all metrics green and I could almost swear id have one by now .. usually I hit from lowest 54% to highest 87% but majority have been BEFORE hitting 80%... getting anxious. Anybody getting a loan recently?

[Abby_M · Accepted solution]

Hi @beautyspabrow 

Thanks for posting on the Seller Community.

We appreciate your loyalty when choosing to partner with Square for your past business loans. We understand that not being immediately eligible can be frustrating, but we are unable to override the automatic review process. Offers are based on many business factors including, but not limited to, your current payment processing volume, your customer mix, and your Square account history. At this time, we can’t predict if or when your business may be eligible for an additional Square Loan. At this time, we can’t predict if or when your business may be eligible for an additional Square Loan

If you have any other questions, please feel free to contact us directly!

[Mpechlys]

Square has always did soft credit check as I’m aware of, but they don’t go by that, they go by how well your business is doing and the swipes, really all that matter is the swipes and if all the metrics are green just about 

[Twpchair]

They have since I started with them. I think I remember once it came across my credit monitoring service. It’s more so on your ability to pay back what they are offering vs your credit score. Square really does use your prior history with them and past loans to go off. We have all seen great offers or that one that just baffles you? With no guarantee of if or when you either accept or not. They normally work themselves out and the next offer is much better. Keep the negatives down, keep swiping and hopefully, it will be soon. 

[Twpchair]

Square has always been able to do a soft pull. I would probably use the term “randomly” could. 8-9 years with Square and loans, I should say, one time I remember seeing it come across my credit monitoring service. If I read that correctly you are loan #4. Loan 4-6 for myself and others were are longest waiting time. The algorithm is just gathering data and getting a good feel for your processing history and habits. Your history with Square is very important as well. Everything you said about previous loans sounds amazing, this plays a big factor. Hold tight, it’s been a little slower lately. Please, keep us posted! 

[Twpchair]

It’s been unusually quiet? Winter months are always tough to gauge with so many businesses being seasonal. I’ve seen a few in the 80% range, but mostly high to paid off. Good luck and hopefully soon. Nice to see you though!