How long to become eligible for another Square Loan after being declined for linked account

[Touchdown]

I’ve been using square loans for many years. I’ve had many loans and always paid back on time or early. I opened a new square account early in the year for my side hustle that got busier. The processing wasn’t much on it. But I ended up with a small square loan with the account. In August I got an offered a good amount for my main business. They declined me because of the other account which is a separate business. The processing for my smaller business had went down in June and July because that’s the busiest months of my main business. It’s been 2 months and processing has been great for both businesses but I have an orange “needs work” under account activity for my main business because of that declined application. Has anyone dealt with this and how long did it take for you to get another offer? 

[Timtom03]

I’ve had this happen once in 2023 and I didn’t get another offer till march of this year!!! Good luck I hope it comes sooner for you 

[schaefferjosh]

Unsure of how long it will take but it's possible up to 3 months so that it can evaluate a new average for the business. Unfortunately square loans are a large mystery in how it gives loans.