I’m at a bit of a loss for what else I need to do to be offered a new Square Loan at this point. I’ve been with Square for over 10 years, had 7 loans now that I’ve have paid back early every single time. Metrics are all in green, record sales year. In 2023, record numbers across the board, no refunds, no complaints or issues of any kind in our entire history. Current loan is 80% paid off, but no new offer in site. This is the kind of stuff that causes businesses to find someone else to process through! Please help! I’m sure I’ll get the same old excuses that you guys send to everyone about looking at every aspect of the business. But there isn’t a single aspect that isn’t way up. I’m not sure if there is a new process they are using now, or if there is some kind of issue with my banking or something else I’m not thinking about or aware of. Any help would be much appreciated. Thanks, because I could really use some new capital to start the year off with and reinvest into my business!
Updated at 3:36pm cst no new offer sadly. Been super slow today but since I’m an online business sales usually don’t come in until later in the evening. Metrics still green and good standing so I’m thankful for that. Still hoping for an offer soon. Would be amazing especially at the beginning of the month. 🙏🙏
Awesome news. Congrats. My offer came a couple weeks ago and it took less than 5 minutes for approval and deposit into my square account. I’m in my 5th loan, 4 of them took 5-30 minutes. I think one took like 8-9 hours.
Congratulations!!!! That's a couple posted this week!
> Square Champions Innovator, Beta Community Member, Square Champion Expert, Square Champion Advisor. If I helped answer your question hit the best answer. Thank you!
Just hit 90% paid off, still hoping that an offer comes through. Last week sales dipped and dropped into “needs work”. Had a few bigger transactions at the beginning of this week so we’re back to all green.
Hitting our slow season, so could really use it now. Good luck to everyone else waiting!
I think mine is delayed because I went out of town Sunday-Tuesday, and then hit 75% on Wednesday. 20 loans in 10 years and I’ve never had to go beyond 75%. We’ll see what happens…
Good luck! Hopefully, they push some out faster! A lot have been on here a good month or longer!
> Square Champions Innovator, Beta Community Member, Square Champion Expert, Square Champion Advisor. If I helped answer your question hit the best answer. Thank you!
Mine has always gone to "needs work " every Wednesday since we're closed Monday through Wednesday. Seems like they'd take hours of operation into consideration. Best of luck to you!
