Has anyone received a loan offer in 2023?

[Blackbear579]

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

[#2]

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. 

[Mtc12]

Yes, approved today. 66% paid off. It’ll come, just keep processing. 

[CTC18]

Thank you! I process 7 days a week. Typically my offers have come between 55-65% but my last loan in June came at 87%. It was 10k less than the previous (on my 10th loan now) but I’m already at 52% paid off. Hoping this one comes when they typically would instead of later.

[Joeyr437]

86% and nothing still.

[Twpchair]

I was 91% when I finally got mine! I have seen a few this week. 

[Bagofjerks]

Same question from me...  did you get a higher amount or a lower amount offered?  

Uncharted territory for me.  Really need some extra funding but tired of stressing over it.  

[Bagofjerks]

Well today was the day...  My offer came in.  Slightly higher than the last one and the application is in Squares hands.  

This truly is a blessing.  Hold out hope Square will produce.

[lisap1970]

Did your offer come in today ? 

[HTB44]

How much was your last loan and what % paid were you? what was your new offer? Was the interest rate higher than last time?

[brown17]

Same..always between 60-80% as they states in their wording...anything before is a bonus. Also everyone's situation is different!    Currently sitting at 61% hoping for something before my sales slow for the winter....

[HTB44]

I wouldn’t hold your breath. Ours have already started to slow and we are 72% paid and nothing. We are up 45% in sales compared to last year too. We got our last loan at the end of December for $82,000. 

[Koleen1234]

I am at 75% and nothing. I have had over 6 loans with square and would have had an offer by now. 
I am getting nervous because I counted on the my square loans for inventory 

[Gios1419]

I’m at 87% and still nothing. Just a waiting game. 

[Koleen1234]

I wish they would just tell us something. Best of luck to you 

[lisap1970]

I wished they would to. I spoke to someone at square today and got the same repeat script. 

[Gladonne]

82% still waiting patiently. Has anyone gotten a loan recently? I went back and looked, my first loan was at 88%, my second 100% and about 2 months after paid, my third 50%, I'm on my 4th and paid 82% and nothing. My percentages are all over the place lol

[Koleen1234]

I don’t feel like they are doing loans anymore. I wish they would tell us more guidelines because a lot of us count on them during this time I am 76% paid off and no offers 

I usually get offers at 60% 

[JARyan]

Just got an offer at 74%. Came right after opening a checking account. Far worse terms. Think I'll pass.

[Jen14]

Honestly, I think they are very slow with us because maybe we fall in an high risk business and they want us to be close to paid off b4 they offer a new one. That seems to be the trend. I’m at 86%. Everything in green and I always get my offer at 75%. I don’t like how you can’t call anyone. You just wait by your phone and check whether or not this computer pick you randomly for the day. Christmas and fall is here and I’m still on last season pick over inventory. Such a bummer. 

[lisap1970]

We are in the same boat. I’m on the last of the season inventory and the leaves changing is my busiest time of the year in my mountain town. I’ve called and called and no one says anything different. I’m at 82% with no offer and been with square since 2014. I’ve had more than 18 loans with square all paid off on time and early. I don’t know what’s happened. 

[anchohoney]

Same here. My shelves are empty, and I can’t restock without a loan. Guess I don’t have a retail section anymore.

[Lshaver60]

Paid in full yesterday $67800 loan!  No defaults! Paid in 8 months well before the time a lotted to pay back!  No offers!  **bleep**ed beyond **bleep**ed!  I bought the building i have my restaurant in and have renovation plans and projects that i need to do!  No reason or answers but the same stupid responses! 
my sales have grown!  They were taking 20% of my sales which averaged at least $2000 per week payback!  Not sure why no offer but they are not looking after their customers!  Guess i will find a company that does!