October 2025 Loan Offers

[shannong]

Hello! While I’m well aware loans can come at any time over 75% paid off on the current one, I do wish there was an easier way to predict when that would happen. 

my last one was 76% paid off and I received an offer. I’m currently at 78.5% paid off and nothing yet. 

Anyone seeing loans offered under 80% still? 

[kacey_k]

My 2nd offer in March was a 60 day as well paid off in 30

[Premierhms]

No joke. It even says 60 day loan at the top. I've never seen this before and when you look at the square loan faq page it says all their loans are based off of 18 months with the minimum payment of 1/18th due.every sixty days. But at the bottom of the new loan offer page there's a blue link for faqs and it says they only give out loans that range from 100 to 10,000

 

 

 

[Hineshospitalit]

Now they only offer between 100 and 10,000. Yeah that’s not going to work for me. Funny how they haven’t mentioned this to anyone on their home page or sent out a message. But hey we now have an AI option (I’ll never use) to ask questions

[marcyliz]

Wowwwwww, that's a massive change. This is what's so infuriating, none of that gets communicated to everyone. That is a big bummer, but it's nice to see in writing so I know to go make the leap to a different processor. 

[shannong]

This is crazy. ChatGPT says there is no update stating that and it’s between $100-350,000 but could be each individual business is given a different range based off sales etc. I’ve never had one over $15.5k and my last 3 have been between $9000-12,700 so I was truly hoping I’d at least have another $12-13k loan this time but I’m at 79% and nothing. 

[kacey_k]

So I got a 60 day repayment loan like someone else in this chat and im

wondering if those in particular are what show $100-$10000 because they are “micro-loans” and all others are more like the $100-$350,000

[VanKalkerFarms]

That is pretty much what so of the new offers seem to be testing a different type of loan.  My last offer was around 80k, but I would never use that type of loan personally.

[shannong]

 

[Abby_M]

 Hi @Premierhms 

Thanks for posting on the Seller Community.

Square Loans are customized based on your business’s recent processing volume with Square.Some offers may look a bit smaller than offers you’ve received before. That’s because we have designed some loan terms as short-term capital meant for immediate business needs like paying bills, buying equipment—whatever you need to support your business. This type of offer also has a shorter term length of between 1-4 months, which is tied to the smaller loan size.

Please check your Square Dashboard to review your offer details.Keep in mind, we cannot predict if or when your business may receive a higher offer. If you choose to not move forward with this offer, your account will continue to be evaluated for loan offers and we may send larger offers as your business grows.

Please contact us directly, our Square Loans line is open between 8am-5pm PT Monday-Friday if you want to give us a call.

[MPAV]

So i cant ever view the eligibility recommendations on the Loans page under where it says not eligible you can click the link which used to take me to the eligibility factors page instead this is all.I can see whe I click that link been this way for over a year now I have had a couple loans but still even after I finish paying a loan off. I can still only see the page I have attached an image of to this post. I used to be able to see the eligibility factors page but now just this...

 

[Thetattooshop23]

I was looking online about square loans, and it did say that some loans will not receive a new offer until 100% repaid, and it may be a square cash advance, which will be short-term. I don't like this at all, but that is what I was reading this morning. I am at 92% and this is my 5th loan, and it has never gone this far with me 

[Hineshospitalit]

Yes, my loan are always around 180k to 200.k. Like I’ve said before, I have a feeling square has lending restrictions and now that so many have them the funds are running out. It’s the only explanation that makes sense

[Abby_M · Accepted solution]

Hi @shannong 

Thanks for posting on the Seller Community.

We understand that not being immediately eligible can be frustrating but new offers are not automatically extended when a certain percentage of an existing loan is repaid, your business may become eligible for a new offer when your existing plan is closer to being repaid. 

Because businesses are dynamic, we’re unable to guarantee Square Loan offers. At this time, we can’t predict if or when your business may be eligible for an additional Square Loan, however, we will continue to monitor your account for eligibility. If your business becomes eligible to apply for a loan, we’ll notify you through your Square Dashboard.

Don’t hesitate to contact us directly if you have further questions or concerns.

[shannong]

Yes I’m well aware as that is always the generic response given to us as loan customers. My question was are they coming still before 80% or no. Considering I’m close to 80%, I assume not for me. 

[MPAV]

Where is the eligibility factors page when I follow process to get to that page this is what I get...

 But no eligibility factors or statuses Ive never received a loan offer before paying off my previous loan ever and I.always have them paid back with a coiple months the last one I got was for 5500 and I had it paid off in less then 3 months. Time before that was in November of 2023. I usually process anywhere from like 15-30k monthly and have done around 250k this year But I run an jnstall company so I dont do ecommerce my business has no overhead costs Im the only employee and no other partial owners its just me 100% and still nothing from you guys yet I see people getting loans after only paying back 80% of their existing loans taking an entire year or more to pay it back and getting more offered too them I cant even see the eligibility factors lol so much for a functional algorithm honestly it sucks!

[CAM2mangonadas]

Hello! Just checking in to see if there’s an update on any loan offers coming in since last week? 

[shannong]

Of course I had a slow week last week so all of a sudden my weekly processing is down since I hit 80%. Hoping for a good day in sales today and then an offer soon. 

[ChefSouthpaw]

This is where im at now 81% did you finally get a new offer? If so what percentage 

[Hineshospitalit]

I finally received an offer. It was only after it was completely paid off. I was expecting an offer around 120k and was offered 82k. Seems as if loan amounts are smaller than before and offers for the most part are mostly being extended when prior plans are paid off

[shannong]

Sometimes I wonder if it’s based on the amount too? Like my loan is a $12,700 loan. I’ve never been above 82% before a loan offer was offered. I guess I’ll see! 

[Hineshospitalit]

I have received every other offer before 80%. Hope you get one soon but by the comments I’ve read in the community it seems like most loans are being paid off before new offers are extended