Loan offered recently?

[Whimsyowl]

Hi everyone! I'm currently paying my 3rd loan back with square. I reached 75% a week or so ago... today I just hit 80% paid back. 
All of my other metrics are good and green... card sales daily almost... sales have consistently trended upward...but no new offers. Previously almost like clock work I was given offers after 75% paid. I know this is checked daily by the square system and it seems almost to be impossible to calculate.... just curious if other people are getting offers presently?? 

[Donnie-M · Accepted solution]

@Whimsyowl I have 4 locations and on average once a week I get at least one offer for one of them.  So the offers are coming, I just don't use them currently fwiw.

[marielmt]

Hi @Whimsyowl!

Appreciate you taking the time to post.

We appreciate your loyalty when choosing to partner with Square for your past business loans. We understand that it is frustrating that we can’t guarantee that you’ll receive a new offer, but new offers are not automatically extended when a certain percentage of an existing loan is repaid or when all the eligibility factors show good. It’s important to everyone that lending through Square Banking is done responsibly. We know your business is important and we don’t take that lightly.

Square accounts are reviewed on an ongoing basis to ensure that each business gets the right customized offer. If you become eligible again, we’ll notify you directly through email and your Square Dashboard.

Hope that helps, please feel free to reach out to us directly if you have any other questions! 🙂