Loan January 2026

[Skitchens39]

Has anyone had a loan offer recently? We were counting on an offer by now at 82 percent paid because we have always had offers by now.

[Twpchair]

You know what you have to do and you get it done. The thing is the mods tell you in a round about way what they are looking for but people look right over it and they hear the same things over and over so they hear. But, they are telling you to continue to swipe, get the sale or volume up and new customers. The rest is personal information and they can’t tell you on a public platform about your private information. Good on you!

[Adalynn]

hi @csmajesticinc1 !

Thank you for the thoughtful response and I can understand where you are coming from.

I am happy to see that you recently accepted and were approved for a new loan! I am still going to share your feedback and concerns with the rest of the banking team.

Thank you for being a Square customer! Let me know if you have any questions 🙂 

[csmajesticinc1]

I am extremely sorry i was outstation and had less access to communication. On sunday they send me a offer for $7300. My last loan which i paid off was $23000+fees. It was $15700 decrese and loan offer came when i was 99% paid off. Litterally if i calculate 99.99%. I am genuinely dissapointed because my sales were not decreased... It was increased but $7300? Atleast $12k could have been understandable... 23k to 7.3k was unbelievably low... But i accepted it thinking its small loan and will be paid quickly we could get a better deal next time.. Fingers crossed...

[Boatlanding]

At least you received an offer even if it was much lower than your previous loan. Not sure what is going on with the algorithms, I’ve always gotten an offer between 65%-72% our last loan was taken in June of 25’ which is already 74% paid off and we haven’t gotten another offer from Square Loans yet. We have a seasonal business and Jan-Feb are our slowest months but we still consistently process over $20,000 in CC even in the slow months and we have been with Square since 2018 so the past pattern of sales should be noted. I could really use the additional capital right now for inventory to stock up for our busy season. Best of luck to you.

[csmajesticinc1]

I am saddened to hear that people are going through this situation. However, it seems that loan offers may be made, though likely not before 80% of the existing loan is repaid. Based on information shared in the community, most offers appear to come only after 95% or more of the current loan has been paid off basically when it is nearly fully settled. Don’t lose hope, but it seems the offer may come only after 95–99% has been repaid.