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. 

[Gios1419]

I’m at 93% and no offer yet. 😢

[lisap1970]

You are not alone at 83% no offer and always had between 60-75 %

[Jen14]

I got so encouraged today thinking that my account was going to get reviewed because the customer service said he was going to escalate it to the loan department for them to review. However, when I received an email it was the same generic message that we all received all the time talking about your file is monitor daily. 

[HTB44]

They say they will escalate to shut us up and then send that exact email. It’s total BS. If you reply to that email you get another one the same. It’s a complete slap in the face. 

[Jen14]

I’m at 89% percent! 

[GlitzyCow]

I’ve been 100% paid for 9 weeks. I always got loans timely too. My processing is just shy of 500k. They won’t help me either. It took me 5 weeks to pay the last one they gave me in June. 

[ClareJ]

Has anyone connected given square access to their bank account for improved eligibility. I haven’t connected my account and was curious if that’s why I wasn’t given an offer yet

[Tritter82]

I received one recently and mine isn't connected 

[Brooke34]

I've been 100% paid for 9 days. I got a SMALL offer today. Only about a 1/5th of what I was offered last time. We had a slow summer and closed one day we didn't last year so my transactions are showing "down." My offer came a 4 pm after it said I was ineligible. I am paying back 13% of my daily card sales. Even though it's smaller than I hoped I'm thankful for this loan boost. My last loan took 20% of my daily sales. Since I'm paying 13 this time I'm going to do my Square savings for the other 7 and see if I can get some momentum building my own credit line. I was approved 15 minutes after applying. I believe the application said "might" check credit. Thanks for all thr support and info!

[lisap1970]

Did you previously have a large loan? I have a small children’s shop and all my loans are under 10,000. I sure hope they don’t give me 1/5. 

[royalphotos]

I actually paid off my loan today. Usually I always have an offer out there but this year nothing. I went to just look to confirm loan was paid off and shows not eligible for a loan and I saw a popup that my business type was not eligible for a loan when I have had 5-6 loans in the past few years and always paid them off within 8-9 months, and showing in the green on all of their trend markers. Anyone have this issue yet and how to resolve it? If my business type is no longer available for loans, I would like to know so I can move onto other service provider that it is.

[Oxbow]

wow!! what type of business?

[HTB44]

Did anyone not have their loan update today?

Those that got a loan, did your normal daily update not happen?

[lisap1970]

Mine just now updated at 10:05 but at 87% and no loan offer. 

[GlitzyCow]

I’ve been 100% paid off for 10’weeks. Never any issues. Still no issue I’m aware of. Still no offer. I’ve had a dozen or so. Do not depend on it to just be there, bc for us and several others it isn’t there. Make plans to not receive it, then if you do it’ll just be a bonus. 

[Oxbow]

Im seeing more and more of this so sorry

[Cauldron]

Just received my offer (slightly more than last time) at 75%. My update was earlier today while still at 74%, checked again an hour later (when I hit 75%) and my offer appeared. 

[Pecard81]

I read on a previous post that credit is checked when you accept, did this happen to you, I don’t remember that on my previous 5 loans.   Iam at 71% and playing the waiting game 😩

[TrendzbyM]

I've seen people say they get offers starting at 60% but I personally have never been offered one that early. I'm sitting at 64% so I'm hoping this time will be different ! 

[eatMoroccan3119]

I had an offer at 50% before, it depends on the loan amount they offer. Not so much percentage.   My previous loan was 32k, i paid down to 50% and they offered 92k. 

[Jen14]

Hey everyone I received an offer today around 1:30. It was less but I’m thankful. I just made 94%. Good luck everyone.