It sure does! I replied to your post above. Good luck, and if you have a chance, look at the pinned post's “click here” part. It does help, especially when it comes to business owners like yourself. It is hard to explain to a lot of newer users on loans 1-3 that you are just starting with your history and building a relationship; it is a little off at the beginning. You and others have that loan history, and years with Square play a big part. With no guarantee, we got so used to say 2017-2019 of that almost guaranteed offer at 70-75% it was clockwork for me. Now, as a business owner, I understand that at 91% (my last offer) that extra 20% is meant to benefit us by rolling over so much of the previous loan and more for us to invest back into our business. That is a good bump in your offer even if your loan amount stayed the same! My offers are still increasing as my sales have. Once you receive your offer I just try to remind people to remember roughly what your % was and use that as a rough guide going forward. It is important to note that we don't know any more than the rest and no guarantee is just that. The Mods do a great job here and understanding that they can not answer questions about your account or mine on a public forum is or should be understandable nobody wants their business out here. Keep watching your dashboard and keep swiping!
Hello, yes, Square is still doing loans. The % paid back is trending higher. The Mods have a post pinned above. The click here explains why the change or other relevant information about loans right now. You are absolutely correct that your history with Square is extremely important and plays a big role with loans. It's not you, obviously, as it sounds like you have a great track record with Square. All the positives, growth, increase in the volume of swipes, adding new customers, and one of the big ones in previous history with Square and loans. You check all those and 0 issues on returns, chargebacks, etc. Unfortunately, with no guarantee of when an offer will be or will come, all we can do is follow the trends here. It has been roughly 85%-95% paid back. Not all, of course, you will see a handful of 70s and the same for those paid off completely. They are still going out daily worldwide and haven't slowed down really. We just see the ones looking here is all. Good luck and hopefully soon!
