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. 

[Dawggos]

Anyone get new loan offers recently? I know square/block had a HUGE stake in crypto; wondering if that has affected anything like square loans. Paid off my 4th loan and all my qualifiers are marked as "GOOD" . 

[perkits]

Received 4th or 5th Square Capital loan in Dec 2022. We are always way ahead of the payment schedule.

[Pecard81]

Any news on new loans? I'm at 68% usually I would have got an offer

[maddington]

I’m on my 4th or 5th loan with them as well as my largest. 76% paid since Oct 2022 & no new offers. I have never waited this long either. Hopefully something comes up soon😬

[Pete425]

What percentage were you at?

[Pecard81]

I have received a offer at 81%, offer went up about 5% from last one which I got in September 

[Stefanieblue]

It took about a week… everything was green… 

[Beangirl]

Mine has been green since December 7th, no chargebacks, no disputes, new and returning customers, two loans paid off in less that 3 months in 2022, 30k in sales since January 2023, 230k in sales in 2023 and nothing. Crickets. I have both a savings and a checking account with square.. it does not make any sense.  

[ggbluejune]

I also paid off 100 percent and haven't received an offer.

[Mollick]

after paid off how many days you waited for an offer ?

[Stefanieblue]

It’s hard to figure out the algorithm… 

[photoguy2019]

i wish i could figure it out😩

[Craigwhitlow]

Same here, all markers are good and was always ahead on the payments. Still no loan offer as well

[912guy]

I think its about time for many of us to look elsewhere for processing... and lets face it , the loans were a big part of us staying onboard with square. The worst thing is you never know if or when they may help you again. It is a love/hate relationship with square... The biggest plus was CONVENIENCE. Most businesses by the time the loan has been paid off are in need of it again, but of course you just have to hope, but you cant run a business on hope. 

[brown17]

All my markers are good 63% paid (have got offer at 60% before) Sales daily and up higher than ever before. 25,000 in a month and I have zero offers.    I love square loans, easy to pay back and have helped tremendously.  I just hate the not knowing game 😞

[912guy]

amen

[photoguy2019]

Hey did you ever get an offer

[Beangirl]

All my markers are now checked green. At 30+k for April, I guess I cross my fingers and  do the hoky poky? Anyone have all green lights and then a new offer??About how long did it take? 

[brown17]

I was all green now all of sudden they added a marker for the dollar amount of my sales, was always the processing volume.    Not all my services are as high as they were in beginning of April but my actual card sales are always high.     So just when we think we are in the clear they add more markers....

[912guy]

wow

[SarahOneStopSj]

I'm at 90% with over $240K in sales since my last loan was issued 8 months ago. Praying for an offer, I usually always get one around 70% - pretty frustrating 😞