New Square Loan 2025

I have been with square a few months now and have had no disputes or chargebacks. Can someone tell me when do new square businesses typically take to get a loan. 

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Community Team

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Hi @ItsGivin 

 

Thanks for posting on the Seller Community.

 

We routinely review eligibility of our sellers for Square Loans. If you don’t see an offer in your Square Dashboard and haven’t received an email noting you’re eligible, you are not eligible at this time. 
 
To learn more about Square loan eligibility, visit our Support Center.
 
If you have any other questions, please feel free to contact us directly!
Abby_M
Square Loans Team
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This is a service email from Square Financial Services, Inc., a wholly owned subsidiary of Block, Inc. All loans are issued by Square Financial Services, Inc, a Utah-Chartered Industrial Bank, Members FDIC.

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Square Champion

Hello, hun, it's been 12 years ago for me, and if I remember correctly I was in the test group for the first loans which I had no clue about. I believe I was about 9mths with Square and I believe it was $ 1,500. I could go back and look. Normally you build up a relationship with Square like you are and doing great. They need time for the algorithm to also pick up your processing habits and all that information to give you a proper loan. In the past just my own experience as my business grew so did my offers each time. Everyone with square is different than one another and worldwide. It takes a tremendous amount of information in that algorithm to shoot out the amount of loans going out 24/7. Hold tight, it sounds like you are off to an amazing start, congrats on that. I looked back and my 2nd loan came when I owed 88.00 (no metrics back then) so pretty much paid off. Keep processing as much as possible and push that percentage up every day! Please, let us know how it goes for you. You need anything else just ask there are many people on here who are extremely helpful. 

> Square Champions Innovator, Beta Community Member, Square Champion Expert, Square Champion Advisor.
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Community Team

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Hi @ItsGivin 

 

Thanks for posting on the Seller Community.

 

We routinely review eligibility of our sellers for Square Loans. If you don’t see an offer in your Square Dashboard and haven’t received an email noting you’re eligible, you are not eligible at this time. 
 
To learn more about Square loan eligibility, visit our Support Center.
 
If you have any other questions, please feel free to contact us directly!
Abby_M
Square Loans Team
Sign in and click Mark as Best Answer if my reply answers your question.

This is a service email from Square Financial Services, Inc., a wholly owned subsidiary of Block, Inc. All loans are issued by Square Financial Services, Inc, a Utah-Chartered Industrial Bank, Members FDIC.
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My issue was handled.

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Square Champion

I am sorry to hear this let me tag someone who can look into your account privately and she can see what's going on or what  happened. @marielmt can you see what happened here? Thank you!

> Square Champions Innovator, Beta Community Member, Square Champion Expert, Square Champion Advisor.
If I helped answer your question hit the best answer. Thank you!
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Community Team

Hi @Brooke34 !

 

Thanks for reaching out and letting us know! We apologize for the trouble you're experiencing.

 

I can see that member from our team has reached out to you via email in regards to this. Please refer to the email for more information.

 

Please contact us directly if you have any other questions.

marielmt
Square Loans Team
Sign in and click Mark as Best Answer if my reply answers your question.

This is a service email from Square Financial Services, Inc., a wholly owned subsidiary of Block, Inc. All loans are issued by Square Financial Services, Inc, a Utah-Chartered Industrial Bank, Members FDIC.

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