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.

[Hairbywill]

I have had many loans since 2019 and paid all of them off early and now on my current loan I'm at 86% paid off i owe 600,00 and still no offer. I used to get offers at 80% like clockwork but for some reason this year square is being greedy so I'm not sure if we will get new offers.

[SHK25]

I finally received an offer last night. I was at 85% paid off.  

[Twpchair]

Congratulations 🎉🎈🎊 I am starting to loose track! If you are 7 or 8 in 2/3 days reporting new offer! 🙌 yes

[HairQueen]

Is there a particular time of day that you get offered a loan?

Can a offer happen on a weekend?

[JanH6473]

I’ve gotten mine on Sunday late several times

[Twpchair]

I usually update between 1-3 pm. That's when Square has looked at your account. Its time stamped. My offers usually come around 6-9 pm after an update. Yes, the majority of my offers are Saturday night. 

[Twpchair]

It’s starting to move! 7 now in 2/3 days! That’s just who post here! Hold tight ok. Good luck

[Abby_M]

Hi @Hairbywill 

Thanks for taking the time to reach out to us.

We appreciate your loyalty when choosing to partner with Square for your past business loans. Keep in mind new offers are not automatically extended when a certain percentage of an existing loan is repaid, While you are not currently eligible for an offer, your account is automatically reviewed daily to determine eligibility. 

Feel free to reach out to us directly if you have any additional questions!

[MPAV]

Why is my account no longer being checked daily like is supposed to happen and I was told today that the computer wasn't checking my account daily and they didn't know when it was last checked or when it might be checked as my acct activity isn't triggering the system to check my acct? can you help with this plz. You just told me few days ago.you checked my acct but when I talked to support today they said my acct hasn't been being checked so....

[Brooke34]

I'm the same like 85.5% paid off and no offer.

[Twpchair]

I was around 90/91% in February when my offer came in. Hard to tell exactly. I updated at 1:30 pm that Friday and was very busy. The deposit hit right at 5 pm and at 6:30 pm offer came in and about 20 minutes later approved. Money hit Monday. My sales vs previous sales (same timeframe) were up 55% and transaction and dollar amounts of them were both up 25-35%  new customers were also up. No chargeback all year returns nothing all zero. My offer was 3xs my previous offer which was 1k higher. Keys right now are increased flow of the metrics. Your prior history with Square as well. I accepted it ( I don't accept every offer) growth and numbers up equal a healthy business. Trust me, I understand the slow-down times I'm in Michigan and the winter months can be hard. I'm a retail furniture store and we get that boost during tax season and we have been busier than normal all winter long. I am thinking just imo if my numbers are all good but not that big of a spike in all the good areas my offer would have probably been the same as the previous offer. Which makes sense going off of all my previous loans if sales were just good and sales not going up my offers were about the same or 1-3k higher. The slight dip you had might be why it didn't pick you up yet. If you can try to bring those back up and see if that doesn't change not just picking you up but helping with the offer. Good luck and I will be looking to see for you when you receive it. Hold tight the board is moving   

[Twpchair]

If everything is good with your account you should be fine. It's not you hun, they have posted so many times about the updated or revised version of the loan process and program. The days of 70% (a handful might) are not where they are going. The higher the % equals less rollover and more money for you and me to reinvest into our business. Eating 30 plus percent in a rollover is not a good way to help us out. It's hard to get that 70-75% guarantee an offer was there. It's been trending for 2 years up and up. Also, added was the overall health of your business, the economy, the market, and stocks. They have lenders to answer to. Everything is starting to mellow out, rates are going down, no hikes. More loans are going out now than I have seen in a long time. So, to answer your question yes, things have been tweaked and up above in the loan section it says “click here” which tells you everything I just did. So, please don't take it personally or they are not lending because they are daily. Keep the metrics up and boost them higher if you can. The algorithm will do its job. Good luck and keep pushing forward. 

[Brooke34]

No. I'm at 84% and having a very slow week. I could badly use an offer bc my loan is up in June. I would like to start a new one rather then pay a big chunk of this one. I owe $1300 on the loan and 5k in the Square fee.