How much of existing loan usually needs to be paid before getting another offer?

[Littleblue2]

Loan offer

[Twpchair]

Usually, at least 3/4 of the previous loan is 75% or higher to be completely paid off. With no guarantee of if or when all you can do is watch your email and dashboard. I wish I could tell you more than that unfortunately that's why coming here and reading through the threads gives you other timeframes to kinda gauge any trends. Most are 80-90% paid back range to completely paid off. A few pop in around 70% not many though. Good luck and please keep us posted!

[Abby_M]

Hi @Littleblue2 

Appreciate you taking the time to post.

New offers are not automatically extended when a certain percentage of an existing loan is repaid, but your business may become eligible for a new offer when your existing plan is closer to being repaid. I also notices you were recently approved for a new loan Congratulations! 

If you have any other questions, please feel free to contact us directly!

[Minion]

When thinking about loans and offers, the best practice (IMO) would be to just assume you need to pay back 100% of the loan before another offer would be possibly extended