Has anyone received a loan offer in 2023?

I'm at 71% and usually see a offer by now (between 65%-70&).

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Re: Has anyone received a loan offer in 2023?

I'm where you are at (minus the actual loan offer part.) Sale are up about 60% over a year ago and processing is up about 65%.  All the other things are in the green.

 

I think most people's frustrations are that it's just not transparent and there isn't a clear goal to strive for. It is also disheartening to just be told the same quotes over and over. It comes across as uncaring and impersonal. Which if that's the case is fine, that should be conveyed to clear up misconceptions and so people don't get their hopes up. It would also come across as more professional to state those things (economy and such) from Square itself. It would let people know where they stand and can make appropriate decisions. 

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A garden center that I am friends with went cashless 4 years ago (just happened to time out with the covid) because they do over 15 million in 3 months and having 30 registers with teenagers counting out tills and runners collecting was just getting too much.  Now if you want to use cash you are able to buy gift cards with cash on the way in.  Lots of Facebook backlash and yet in the end sales were up 17%.  

I don't know that I would ever go cashless but I am fine with the few percent Square takes in exchange for the ease of transactions and speed.  We are surrounded by the 3rd and 5th poorest cities in Illinois and literally next to a highway.  Never has anything happened but it always could.  I try and clear the registers every hour.,

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Thank you! I tell everyone to drop every hour just to be safe. It's just a strange switch for our type of business? Most coming into a retail furniture store have a range or amount they want to spend and usually 9/10 out of 10 it's cards not cash? Thank you! You always have great insight or advice! 

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I know I don't want to go cashless or checks type thing but I'm a worry wort. Not so much for me but my employees. If the weather is bad I send them home and I stay type thing. Lately it's so hard because we go through stages of months of cash and checks and boom then cards and no cash? It's hard right now to figure out what customers are doing? Luckily I live 2 miles from our business and can be there or leave in just a few minutes. Like I said I'm worry wort and over think everything! 😆 🤣 😂 thank you for your insights it always helps or I don't feel like I'm going crazy! 

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I don't know how to submit a general reply so replying.   Finally received a new offer today 81% paid off and slightly lower than last loan.    It is my busy season and I usually do see another around September.   

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Congratulations! My last loan in March slightly higher even though increased sales but it is what it is. June that offer was 1/4 of any loan after 12 years and I was shocked! Looking at the trends that what was going on with most. That loan I was 91% paid back with as well. I'm glad you got an offer and thank you so much for posting it helps others as well. Here's to a great summer coming up!

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Good for you! Gotta love the busy season! You posted great and thank you it helps others see kinda a trend. Every one and every busy is different but you can gage it better! I wish you all the best and keep continuing that busy time!

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Thank you 😊 now I'm bouncing all over! One week all cards and the next cash or checks. I'm guess I should just be happy they are shopping! Thank you 😊 

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Just checking in….has anyone received a loan offer ? 

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Not yet, 80% paid on 3rd loan. Been on not eligible screen for 3 days now. All green prior to going to not eligible screen, with daily transactions. Usually get an offer at 75% range.what’s your status looking like?

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79% paid off, 10th loan, always ahead of payment schedule. Was all green and have been on ineligible screen for 2 days now. 

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Wish you the best of luck. I’ll keep  my updates on here .

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You as well! I will do the same 🤞

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Are you still sitting on that not eligible even after being all green and being paid ahead of schedule? Mine has not changed back and I have processed lots of transactions 

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Yes as of today 04/16/2023 12:30 Pm Central Time 

Travis Owens-Whitehead
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If you don’t mind sharing what percent were you at when offer came through and how was it in comparison to past offers? I appreciate any info you could share. Seems to be a lot of us anxiously awaiting! Happy for you though! 

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You recieved an offer today? If so what percent?

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Yes, same here, at 83%. And still in hibernation mode, mine usually updates around 230ish eastern time. What percentage are you you on now ?

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I still am on the ineligibility screen as well having processed many transactions between Monday and Saturday. I’m at 83% as well. 

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Mine has changed back and forth between that screen and the other one for the the last week. I’m at 87% and no offer yet. 

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Mine has never changed back to the eligibility factors as of yet. 

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My eligibility screen has been at ineligible for about a week now. Once I hit around 60 or 65% paid off for my current loan if switched to that. Before all my factors were green. I’m now at 87% paid back and probably after tomorrow I’ll be around 95% paid. Let me know if yours changes at all or if you are offered another loan. My current loan is my first one. Didn’t think I was going to need another one, but one of my vehicles needs replacing now so it would definitely help out. 

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