New Loans With 50%+ Paid Off

[Davidjohnedgex]

Hello All, 

I am reaching out to see how folks are finding loans in March and April 2026. I currently am sitting at 56% paid back from my largest loan to date. Sitting on my 5th loan within 2 years and I have seen new offers come in as low as 40% paid off to around 75% paid off. Have had steady sales and growth. I know it’s all up to the algorithm and not much more help beyond that. Just would love to hear if other folks have had success recently with new offers around this number. I do have 100k plus yearly sales as well. Love to hear from you all! 

[VanKalkerFarms]

As you know, there is no way to know.  Square starts nearly 2,000 loans a day, but there are millions of users.  I have seen a crazy low 27%, and I have seen not getting one till 13 months paid off.  Depending on Square loans is not a strong business strategy, as it is variable and variables outside your control are a negative.  To best solve the cash flow issues, the overall business needs to be looked at, but a dependable and relatively cheap way to access funds is setting up a Line of Credit or RLOC at a local bank.  You only pay interest for the few days or weeks you borrow against it, and then it costs nothing to be available for 6 months till you need it again for a couple of weeks.