Has anyone received a loan offer in 2023?

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

434,920 Views
Message 1 of 1,987
Report
1 Verified Answer
Verified Answer

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. 

1,986 REPLIES 1,986

Awesome!  There is hope. Lol.  Did you have anything weird happen before?  All of sudden it's says my processing volume took a dip but it clearly took a climb lol

4,119 Views
Message 1198 of 1,987
Report

Mine said the same but my sales been down the last 2 weeks but mime changed to good today with 97% paid 

4,100 Views
Message 1199 of 1,987
Report

I had one day in past week where i didn't have any sales but 22,000 more than last month.   Makes no sense 

4,021 Views
Message 1200 of 1,987
Report

There's something wrong. I see theybare having issues with dash oard.  I've been staring at my reports trying to figure out how they came up with my processing volume taking a dip.. it doesn't show any of my transactions from today...states 0 yet I had several

3,979 Views
Message 1201 of 1,987
Report

Did you receive an offer yet? 

3,722 Views
Message 1202 of 1,987
Report

Nope..they are now adding the dollar amount of sales in my criteria.. all my services are different prices.  Not everyone pays the higher price 

3,935 Views
Message 1203 of 1,987
Report

Are you referring to your processing volume?

4,274 Views
Message 1204 of 1,987
Report

Nope...I have always have high processing volume..just last week they added dollar amount of sales to my list.....sketchy huh?   I had close to 30,000 in April and beginning of May but for 5 days I had lower amounts come in but yes still processing daily

4,254 Views
Message 1205 of 1,987
Report

Well, been paid off in full since February, green lights everywhere, sales were up about 28%.....and nothing yet....now theyre requesting to connect to our banking account so...and it apparently increases the chances of getting another offer.... I think not...6 loans through Square, all paid back in 4-5 months and 0 issues..... increases in sales, customer base..etc etc....

4,063 Views
Message 1206 of 1,987
Report

Stop worrying about it and do what I have done - accepted the fact that Square loans has gone away - anyone that reply’s they are actually getting loans are bots created by Square to make everyone HOPE - it’s over accept it 

3,858 Views
Message 1207 of 1,987
Report

Im not a bot you can email me or google me [email protected]. I did get a loan its number 14 a little less than my last 1 and yes I waited longer than usual

3,721 Views
Message 1208 of 1,987
Report

Same. I am not connecting my bank account to square capital. The pos already has my verified account there. I learned the hard way through my old professor not to do that crap. A hackers dream to have full access to your account. They can shove it in my business if that is what they want. 

3,722 Views
Message 1209 of 1,987
Report

I didnt connect my bank account and I got a loan a little less then the last 1. Im not a bot you can email me [email protected]

3,673 Views
Message 1210 of 1,987
Report

When was your most recent? I’ve been paid off and no offer yet. Ugh so frustrating. 

3,629 Views
Message 1211 of 1,987
Report

I was at 83% paid, got the offer Aug 1st. Funds Aug 3rd

3,671 Views
Message 1212 of 1,987
Report

That’s great to hear. I new they were still offering and funding loans.   

3,588 Views
Message 1213 of 1,987
Report

@GlitzyCow i has read at one point that you should receive an offer within 14 days of your previous being paid off.

3,622 Views
Message 1214 of 1,987
Report

It was two weeks ago yesterday/today. I’ve seen quite a few say it’s been months with no new but idk their metrics either. 

3,614 Views
Message 1215 of 1,987
Report

Just got an offer but it's half of our last loan. I accepted and waiting for an approval in 1 to 3 days. There is no reason to deny the loan. Hope I will get approval soon. Don't give up they are still lending out but little slow this time.

3,460 Views
Message 1216 of 1,987
Report

Did you connect your bank account under the capital page? Were you paid off? 

3,430 Views
Message 1217 of 1,987
Report

Yes, I did connected my bank when they asked me last week. And 90% paid off. 

3,438 Views
Message 1218 of 1,987
Report