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. 

[Jen14]

I’m probably going to go else where. I don’t like the waiting game. How do Square think small business owner are supposed run a business. I like Square cause it makes it easy. I don’t like Square because they have communication issues. Instead being up front. 

[Cafe290w]

I don't know if they changed the policy or if they have a difficult time with the business it can happen with many big tech companies or it is relegated to the system that went down in September. If any getting an offer soon please keep updated 

[eatMoroccan3119]

What were you offered? what is your average sales/month?   Just curious 

I was averaging about 90-95k / month and was offered 90k loan.  We took it and it is 86% paid back now. 

Currently we are averaging about 85-90k the past few months. Wonder when we will get our next offer and how much it will be . Interesting how this is determined.     My friend is averaging 40-50k/month but he was offered over 100k.   I don't get it

[eatMoroccan3119]

What were you offered? what is your average sales/month?   Just curious 

I was averaging about 90-95k / month and was offered 90k loan.  We took it and it is 86% paid back now. 

Currently we are averaging about 85-90k the past few months. Wonder when we will get our next offer and how much it will be . Interesting how this is determined.     My friend is averaging 40-50k/month but he was offered over 100k.   I don't get it

[Megmahair]

I’m on my second loan with square. The first one I received a new loan offer at 64% paid off. I was offered a generous amount the end of feb, I accepted and now I am 80% paid off and no new loan offer as of yet. My sales are higher than this time last year, and the card processing everything is good. I want to add more retail to my space and hire 1-2 more employees to generate more income, but can’t until I have some sort of security. I’d love a new loan offer but I’m not sure what else to do to be eligible for it. Has anyone received an offer lately? 

[eatMoroccan3119]

I do remember something about a credit check as well when accepting the offer, and I remember at the time my credit wasn't the best but the loan was still approved. I think the biggest thing they factor is your processing and sales. So don't worry too much. 

We are 89% paid now on our 90k loan, and I know an offer is coming very soon.  

Good luck 

[NRVGuru]

75% and rising! Some extra Q4 funding & inventory would definitely help out our nerd store, but the Algorithm is strange & mysterious.

[jameswesley435]

I don't have access to real-time information, but loan offers are commonly available in 2023 from various financial institutions and lenders. Whether someone has received an offer depends on their financial situation and creditworthiness. National Truck Repair

[lolo11]

We are paid off at 100% and sales higher than any other year, waiting patiently for an offer!

[anchohoney]

At this point, I’m not even waiting for an offer…I’m just waiting to get paid off so I can have my 19% of daily sales back. We’re at 90%, all green, no offer. 

[lolo11]

that’s great - glad you got the offer! It’s good to know the offers are still coming! Even though we never know when!

[lisap1970]

Everyone that got approved was your bank account connected . I haven’t connected mine yet. Wandering if it made a difference. 

[tenanpapjb]

Received a loan today paid off loan yesterday linked account and today got the offer . 

[NRVGuru]

This is some good news! We're currently at 75% and rising. Fingers crossed!

[Pecard81]

I am on my 5th square loan, my first was at 41, then 45, 100, 175 and this one 188… I am at 73% paid in 7 months I don’t know if that is a good or bad thing, I sometimes feel paying this back so fast (in half the time) is good for Buisness.  After the first 3-4 months of being funded I feel the almost 800 dls a day avg I am paying back is actually making me get behind on regular payments.  I do not know if I get a new offer I will take it.     I am on the fence.  Does anyone else feel this way?

[lolo11]

I’m based in the UK - hopefully ours will come through today - just checked and all my others have always been a Friday. Maybe it’s my lucky day??! 

[Khabilah]

Just got an offer at 1/3 of my last loan. I took it. I'm disappointed though. 100% paid since July. I woke up this morning with them asking me to connect my bank. I did. Got reviewed around my usual time today. Not eligible. 2 hours later an offer.

[Gladonne]

Finally got offer at 90%, it is half of previous so a little disappointing but got one, it seems as if fee has went up. They are still giving loans. This is my 5th. Good luck to everyone. 

[NRVGuru]

Hit 76% after a strong weekend. Maybe that's our magic number? We shall see, but it would definitely help going into November 

[eatMoroccan3119]

93% paid now. Only $6,300 left.  Hopefully a loan comes today or the next few days. We need to get ready for the busy holiday. hehe. Please Square Capital. 

[featherbae]

Thankyou!!😊🤞✨