November loans 2025

[CDVbarba]

Has anyone received any loan offers recently ? I’m 69% as of today and have yet to receive an offer. I usually get mine around 60%. I’m curious to see if they are offering loans out right now. It’ll help out business out tremendously right now 

[kacey_k]

It seems what to look for now is mass volume of swipes, an increase in the dollar amount, and history is getting. Maintaining is getting you in the 90s to paid off. The 60s-70s means you are swiping 2x -3x more than normal and the algorithm will pop off. I’m running a special for anyone that swipes a card from now to Dec 1 gets a discount. I am

80% paid as of today. I’ve been off the last 2,days. Next week with my sale I’ll be paid off! 

[Hasay]

I’m at 82 % paid now and still no offer it’s really weird and it’s my 15th loan with square 

[kacey_k]

Are your swipes up? Sales up? Or are you just maintaining sales??

[Hasay]

Yes everything up because it’s the season also and more sales but made more this year then last 

[kacey_k]

Are you swiping more than normal?? It don’t matter what you did so much last year. Heavy swipes over and over seem to be what is pinging the algorithm 

[shannong]

I am at 86% but it keeps telling me to link a bank. I don’t have a bank. I use Square. 😆 

[kacey_k]

They say link bank but I’ve linked and unlinked and not noticed a difference. Is square suggesting a bank link or saying you’re required? I am not aware of it being a mandatory thing. I could be wrong @Minion  could you help???

[shannong]

It just says to link it on my loan page to help better improve loan eligibility 

[kacey_k]

It definitely would not hurt too if you have an account outside of square. @Abby_M Explained it much better than I did below (thanks btw 😉

[Abby_M]

Hi @kacey_k 

Thanks for reaching out

You can connect your primary business bank account with Plaid, and we’ll only use this data to improve future offers. However, you must be the business owner to do this. Connecting a bank or multiple banks is optional and will not affect your current eligibility status or loan offer if one is present.

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

[kacey_k]

Thank you so much. While I’ve been with square awhile I’m still very new to the whole loans thing. Just a year ago today I got my first one. I just go off my own personal experience and the help of some wonderful people in here too!!! Again thank you for explaining much better than I could 😂

[shannong]

I’m on my 9th one. Just wish a new offer would come in lol and we use lots of other accounts like Chime, CashApp, Venmo etc and my husband has a bank account I just haven’t had the need for one 

[kacey_k]

Forgive me for my ignorance but how do I mark an answer “best”? Im

signed in and not seeing it. It’s been a long rainy day here and my brain is mush!!! Wanna give credit where credit is due

[Minion]

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@kacey_k wrote:

They say link bank but I’ve linked and unlinked and not noticed a difference. Is square suggesting a bank link or saying you’re required? I am not aware of it being a mandatory thing. I could be wrong @Minion  could you help???

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Sorry for the delay @kacey_k , I see @Abby_M  has you taken care of there. 

On a personal note, I didn't see any increase in any offer ever received when connecting a bank, and as mentioned I do a lot of cash/check.  So I opted to to disconnect it.  IT's hard to tell what Square could be looking for with the connection, but it clearly wasn't found in my bank account lol.  Others I'm sure have been successful with it. 

[kacey_k]

I agree I have never seen it help/not help in my experience but I’m very new still to loans. 

no worries @Minion I’m not always right on it. I too take a lot of cash from clients but running a promo for card payments to get this 3rd loan paid off by Monday latest!! I need supplies and Christmas deals are calling my name 

[Minion]

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@kacey_k wrote:

I agree I have never seen it help/not help in my experience but I’m very new still to loans. 

no worries @Minion I’m not always right on it. I too take a lot of cash from clients but running a promo for card payments to get this 3rd loan paid off by Monday latest!! I need supplies and Christmas deals are calling my name 

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Hell yeah there yah go! Hopefully it pays off for yah!

[kacey_k]

Well I was hoping so but dashboard just updated at 2pm to “needs work” the last week until today EVERYONE paid in cash. Oh well I’m closer now than before and more % I get paid off the more $ I get and not be taken by current loan payoff!! It all works out how it should. I also worked 2 days this week instead of 4/5 and next week I’m working everyday but Thursday/Friday so I’m good!!!! No better time to be paid off than before Christmas 😂

[Minion]

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@kacey_k wrote:

Well I was hoping so but dashboard just updated at 2pm to “needs work” the last week until today EVERYONE paid in cash. Oh well I’m closer now than before and more % I get paid off the more $ I get and not be taken by current loan payoff!! It all works out how it should. I also worked 2 days this week instead of 4/5 and next week I’m working everyday but Thursday/Friday so I’m good!!!! No better time to be paid off than before Christmas 😂

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Yeah I hear that. My town and surrounding areas are pretty old school.  So cash is king, but I prefer check since I bank with Chase and the closest one is 2 hours away. 

I've been thinking of trying to update the business credit tips I posted a few years back. There aren't a whole ton of companies who give credit with a personal guarantor but still a good thing to do.  I was able to purchase a new F150 a while ago with just focusing on business credit for 2 years and building that.

[kacey_k]

See if it were me I would open an online bank just to have as a backup to transfer funds cause you never know. Not saying you have too but it’s what I did in beginning when I thought I had too. Now I have 3 banks linked

[shannong]

That’s what I use CashApp for. Because they let me borrow and use Afterpay as well. Saves me all the time lol plus 3.5% savings interest and overdraft 

[kacey_k]

Be careful with cashapp I had over $600 in mine all was good I had just pad off a “loan” through them and went to login one evening and my account was closed. I can’t reach anyone cause it’s all done thru the app. I’ve been told to open a new account and “it’s been escalated” it’s going on a year in January when that happen. Now I have my PayPal, Chime, and PNC (closing soon)