My first loan was about 6-8th in I believe? It's been 12 years. It's not your volume, sales, etc, your kicking butt! You need to establish a relationship with Square and most importantly the algorithm has to establish a pattern or history of how you process is all. Nothing to do with you or anything like that is wrong. Do you swipe cards or online or invoices?
You will once you have established usually 6-8 mths some are closer to a year. It's not your volume it's breaking down how you process, daily or weekly, invoices vs swiping cards all-day every day. Are you staying with Square or have you jumped from POS to POS providers? All of this and so much more data goes into the system to provide you with the best loan offer. Obviously, with those numbers the traditional 1-3k loan would be silly. That's why they need a running calculation of how you process. The business 2 doors down it took them a year and 3 months with Clover for their first offer. Honestly, they haven't forgotten about you but that first loan isn't usually in a couple of months. It will come and most likely lower than you expected. That's fine accept it pay it off fast and they will keep rolling in. Good luck and keep up the kicking sales!
