Loan offer 2025

[SHK25]

Has anyone received any loan offers this month? I’m at 76% and haven’t received anything.

[Twpchair · Accepted solution]

Yes! Multiple people post just about every day. It's picked up a bit. What percentage are you at? It's been trending 80s to paid off though for most but not everyone as we are all different and process differently. Of course, you know by now there are no guarantees if or when. Just keep the metrics up and returns and disputes down and hopefully, the old algorithm will pick you up soon! Good luck and if you need anything else or have questions just hit the button there are loads of people who will jump on and help.

[Twpchair · Accepted solution]

Yes! Multiple people post just about every day. It's picked up a bit. What percentage are you at? It's been trending 80s to paid off though for most but not everyone as we are all different and process differently. Of course, you know by now there are no guarantees if or when. Just keep the metrics up and returns and disputes down and hopefully, the old algorithm will pick you up soon! Good luck and if you need anything else or have questions just hit the button there are loads of people who will jump on and help.

[SHK25]

Okay.  I’m new to how the Square Loan Communith works.  First time chiming in today.  I’m at 77%.  All of the criteria is in good standing and my payback is always paid before time every month. Lord I really need this right now.  Things are tight.  

[Twpchair]

Welcome! Right now it's been trending from a higher percentage paid off to completely paid off. Not everyone is or has to be paid off. We are all different types of businesses and process differently from each other. There are and have been a few in the upper 70s last week a 78 and 79%. I understand emergencies, equipment going down, or slow periods. Unfortunately, the algorithm doesn't. The key thing is processing every day, new and returned customers, and the overall health of the business. Are you trending up or projected growth going up? That means business is going great and every year your income is increasing. Please try to stay away from them are disputes 1st and returns and refunds. All of those are good hun its waiting for the algorithm to pick you off. Unfortunately, you already know there is no guarantee or a set number that kicks in an offer. Keep swiping as much as possible!!!! Good luck and I truly hope you get one soon!

[SHK25]

Thank you.  You were very helpful. 

[Twpchair]

You're very welcome! There are some truly good people here who are willing to help. All we can do is share our experiences and closely monitor trends, considering factors like how busy you were 3-4 days before your offer, and whether your customers are new or returning. That’s what we have—support from each other. The moderators here are amazing and genuinely understand when people are in need of a loan. However, since this is an open forum for everyone, they can't discuss individual accounts publicly, which can lead to frustration. I understand this fully, as I am also a victim of identity theft. Many come here in a state of panic, dealing with issues like a broken pizza oven or a malfunctioning work truck, which can jeopardize their business. All point-of-sale systems use some kind of algorithm, and we can only compare what might have triggered anything that might have kicked it in.  It’s not rocket science, but there are definitely trends we can write down and start checking them as people report back. My last 3 offers all came after 3 extremely busy days. 2 times I was running sales and the last one was the first round of taxes hit and I am retail furniture and decor. Friday I updated like normal 1-3 pm 84% I believe no offer. I check my deposit after 5 pm and no issues and the 6:30 pm offer came in. I was guessing from sales that day that 85-87% paid off. 5k higher than the previous offer. I accepted it and 20 minutes later approved and deposit hit about 2pm Monday. No emails at all regarding offers for the last 3-4 only on my dashboard. No email on deposits just me checking my bank. Saturday morning my loan circle all changed to 0 and the previous loan was gone and a new one was up. 8/10 on my list have had a group of 3 or more crazy busy days, big increase in purchases, and new customers. Most that are getting a bigger offer right now are saying that in their reports (mine also) that your project trend for growth has increased mine has shot up about 20% vs previous years. Did this kick it in? I don't know and none of us do but it is all we have to keep posting and keep sharing. After 12 years you get use to that 70-75% boom offer there. Those days are gone! They have been and this is a user to user site to share, get some help. Thank you for reaching out and best of luck to you!

[SHK25]

I finally received an offer last night. I’m at 84% and was approved in less than 5 min.  

[Twpchair]

That’s awesome! It has been trending higher. Now, you kinda have an idea to just hold tight and remember your last offer for reference. 

[Twpchair]

85% -90s seems to be around the average. Of course not all the rare 70s - completely paid off are close to the same. Just going off of the trends and % that post on here at least 

[Prnutrition]

August 2025, I’m at 84% and processing daily.. all green, higher numbers this past month than before. Anyone having any luck lately? 

[Twpchair]

Yes, they are still giving out loans, but the approval percentages have been trending higher—though this doesn't apply to all cases. The moderators have a pinned post about this. The days of receiving offers at 75% with almost a guaranteed acceptance are coming to an end. You might see occasional offers in the 69-73% range, but these are becoming rare.

While the metrics are currently all positive, which is great, they mainly serve as a tool for us to assess our standing and identify areas for improvement. The reason for the increase in percentage offers reflects a lower rollover rate and more funds available for us to reinvest in our businesses instead of paying off old loans.

Lately, my offers have varied quite a bit, and I don't accept them all for this reason. My offers have been at 91%, 84%, 69%, 81%, and I even had a completely prepaid offer at 69%, which I declined. I don't want to lose 30% of a new offer, as that would be a significant hit. I would definitely consider offers of 85% and above; however, with an 84% offer, I would think twice about paying it off if I’m processing loans daily and expecting a new loan soon. It typically takes 10 full business days (in my case, it took 12) for the process to reset and have my numbers reintegrated into the algorithm. On average, most people wait about 8-12 days before receiving the next offer. Plus, it’s important to know that the funds are completely yours.

I've learned that if I wish to prepay, I usually pay off loans around 75% to bring my offers up to the 90% range. The rest I tend to process quickly, and I often receive an offer the following Saturday. This pattern has worked for me, but it’s not a guarantee; my busiest days are Wednesdays and Saturdays, which may trigger a second review.

We need to rely on each other and share our experiences. Until the algorithm recognizes your activity, the best we can do is keep improving those numbers! Remember, they are looking for healthy, growing businesses. My offers have been higher recently because my metrics over the last two years have doubled or even tripled. Business has been very good!

Focus on the positives, keep up the volume of swipes, the dollar amounts, and attract new customers—all of which indicate a healthy and growing business, not just one that is maintaining. Best of luck, and I wish you success!

[Twpchair]

They certainly are. First congrats on the stats! This is exactly what Square is looking for. Percentages have been right around your range to higher. The mods have a pinned post explaining how loans are moving forward. The metrics are a great tool for us to use and compare with previous ones. They are by no means a guarantee of a loan offer. There is no guarantee of when we will receive one. We are unique and offers are the same. You can see the ones at 69% post “I just received one” or the business 2 weeks after being paid off. Key points are an increase in swipes and the volume of swipes, new customers coming in, and growth is your business better off this year to date than last?  All of this leads to a healthy, growing business. Those are a few things they are looking for vs just maintaining to keep the doors open. Also, your history, your years, and prior loans all play a factor in receiving an offer. Keep up the great work and congrats on your best month! Also, keep the negatives to a minimum. Returns, disputes, chargebacks. I know some businesses are more likely to have more than others but they play into counts as well. Keep processing daily and watch the dashboard. 

[Twpchair]

Over the past five days, loans have been consistently moving out daily on several loan boards, including this one. The boards are currently clearing out. I've observed about ten loans being processed in the last five to six days. This is a positive development. Good luck!

[Prnutrition]

I surely hope this will be the case! I’m a few dollars away from 90% paid off, all green, higher credit card processing than the last couple of months - and nothing! I called support today to see if there was anything I was unaware of holding me back but of course I couldn’t get any answers. It is so frustrating! 

[Twpchair]

How is everything going? Just checking in to see if you received an offer relatively shortly after this post. 

[SHK25]

I received it a long time ago.  Now awaiting another offer.  My current loan is 92% paid 

[Twpchair]

Congratulations! Good luck too!

[Jb1983]

usually it triggers the even numbers

wait for the 80% 

if not then try to pay cash in pay early 

this also reset the algo 10 Business day 

then algo works to look urs 

[Twpchair]

Hmm, definitely should be updating every day not 10 days. I tagged the Mod and she is super nice and she will help you out with who or what department you need. What they have access to is beyond myself. Unfortunately, for security reasons and our safety, she just can't go over your issue here on a public forum. Good luck and she will respond back. Good luck with it and hopefully soon one or the other will be picked up soon!

[Twpchair]

Let me try one more @Abby_M here is one more! I don't know their hours so hopefully one will jump on. 

[marielmt]

Hi @Jb1983 !

Appreciate you taking the time to post on seller community and hope you are having a wonderful day.

Being declined for a Square loan in the past may impact your eligibility. We do not have a specific timeframe for when another loan offer may be available. If your status changes, you’ll get an invitation email and be notified directly on your Square Dashboard. The information shown on your eligibility page is usually refreshed in real time. You can see the last date and time your loan eligibility was evaluated under “Eligibility factors.” 

To learn more about Square Loan eligibility, visit our Support Center.

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