Solved: Re: How do I access my capital loan?

Joseph-LC_92 · ‎05-10-2021

Got approved for Square loan for my business but I can't seem to figure out how to access the funds. Any help would be much appreciated. Thanks!

JamesC · ‎05-11-2021

Hi @Joseph-LC_92 ,

Thank you for taking the time to reach out!

If you’re approved for a Square loan, you’ll receive funds in your linked bank account within one to two business days. Should any issues arise, we’ll contact you during this timeframe.

If you have any questions, please feel free to contact us.

James C
The Square Banking Team
Sign in and click Mark as Best Answer if my reply answers your question.

Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Square, Inc. and/or its subsidiaries. Square Financial Services, Inc. is a wholly owned subsidiary of Square, Inc. All loans are issued by Square Financial Services, Inc. a Utah-Chartered Industrial Bank. Member FDIC. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. All loans are subject to credit approval.

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Minion · ‎05-10-2021

The funds themselves will get automatically sent to your bank account. Could take a few business days to reach there.

As for seeing details, if you log in to your square account, you should be able to click the "capital" icon from your dashboard for details on your loan.

Dan
Square Champion
Check out Square support center for additional help.

JamesC · ‎05-11-2021

Hi @Joseph-LC_92 ,

Thank you for taking the time to reach out!

If you’re approved for a Square loan, you’ll receive funds in your linked bank account within one to two business days. Should any issues arise, we’ll contact you during this timeframe.

If you have any questions, please feel free to contact us.

James C
The Square Banking Team
Sign in and click Mark as Best Answer if my reply answers your question.

Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Square, Inc. and/or its subsidiaries. Square Financial Services, Inc. is a wholly owned subsidiary of Square, Inc. All loans are issued by Square Financial Services, Inc. a Utah-Chartered Industrial Bank. Member FDIC. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. All loans are subject to credit approval.

How do I access my Square loan?