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. 

[jlafoy]

Mine is paid in full, actually paid off quite early, and I’m projecting a $40k-50k  increase in sales over last year. For some reason the only thing flagged is the monthly processing volume, which I don’t understand because literally every transaction is processed through square via credit card. I have a customer that pays once a month to the tune of around $5k. Don’t understand why I haven’t gotten another offer yet. 

[Chacana]

I'm currently at 73%  and this is my 6th loan. 
I'm in urgent need of the money right now, and I hope to receive an offer soon. I've tried reaching out to customer service in the past, but unfortunately, I haven't had any luck.

[HiFiGarage]

I'm hoping a new offer comes in soon. It would really help. Usually around 75%...at 90% now. All signs good. Sales steady and climbing, all projections good too. 

[ejeje12]

85% now.  business is up by 45% &processing is too, all factors are green.  Still no offer.  

[ejeje12]

exactly 

[GlitzyCow]

Maybe square is trying to regain some or most of the fees before reissuing. Because typically you get down to nearly the fee and they offer a new loan. 

[Denijo72]

Sorry i meant 41%

[FirstLook]

At 65% after only 3 months, and definitely hoping/looking forward to a new offer sometime soon since this last one was the same amount as my previous. Definitely helps every time they come around!

[Ashleycsa7974]

Hey, I'm wondering if you ever got a loan offer, if so, when? I am at 81% .. I have always got an offer between 71-75 but not this time. 

[Otlf2018]

I wish! I’m on my 5th or 6th loan. Green all the way down. Like everyone else, usually get an offer between 65%-75% percent. I’m at 71% paid. Sounds like they’re not as giving anymore. Understandable. Best of luck to everyone waiting! 

[Chacana]

I have been working with Square since 2013, and this is probably my ninth loan. Currently, I'm paying off $63k, and I'm at 77% progress. I received my last offer in August of the previous year when I had already paid off 75% of my previous debt. I spoke with a representative from the loan department, and they informed me that the loans are still operating the same way as in previous years. I'm eagerly awaiting a new offer and hope to receive it soon.

[MillieC]

Im sitting at 91% paid. Unfortunately, due to large unexpected expenses, I think we’ll be forced to close our doors next month unless a loan offer happens to arrive.  This is our 3rd loan & we’ve always paid early. I was hopeful something would come through but not so much after reading through this thread. 🥺

[Coscitycos]

I’m sitting at 86% for a couple days now , no new loan. Busy just read this whole thread and it seems like they are still giving loans out early. Just gotta wait

[Coscitycos]

Yeah it’s annoying I wish there was more transparency, everything get tight at times . Would be nice to plan ahead 

[alexandriak]

I don't need anything right now but I have noticed my loan offer decrease by about $5,000 and my CC sales, and sales overall are more. Not sure why.

[Otlf2018]

Same boat here. Like everyone else just waiting to pay off what we owe and make some decisions from there. 

[Denijo72]

My current one was double and at 51% paid , so yeah possibie 

[Taranto20]

90 percent loan is actually paid off just paying on fee crosses finger comes thru soon. 

[Healthyketo]

95% and still nothing. Eligibility factors all green. I don’t get it! 

[GlitzyCow]

I talked to someone yesterday and she said she hasn’t seen a decrease in capital being issued. But I’m at 99% and in the 90’s for the last week and haven’t gotten one. Def something changed. Crossing my fingers something comes in. Maybe they don’t like me now but I’ve paid them back entirely before my first payment was due so it was def fast $$ for them. Still holding on to hope itll

come. Wondering how many on here have gotten recent offers within the last week or two. Mine was in June.  

[Jjbeautyco]

Adding myself to the waiting game.  5/6 loan and I’ve received offers between 48% - 70%   My offers have seem to almost double BUT im at 58% and nothing yet 🙏🏽