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? 

[Tamara3]

Yes but unfortunately im in the process of paying my debt off as we speak so i a card for me is out of the question at the moment i need to get my veedit back to where it was pre covid. 2020 hit me hard i not only went through a divorce with 3 kids but covid put me out of work for about 7 months in a period of a year 2020-2021. Then in 2022 a man fell on me at a concert which put me behind 3 months from c3 &c4 trauma to my neck. Ive been dog paddling to just stay a float. Yes that would he the way to go if i could get approved. Thank you for the insight. 

[MPAV]

Im at 120k in card processing so far this year up to now actually 130k in card processing my last 4th loan was for 5500 and was paid back in less then 3 months and has been paid off for weeks now and no loan offers for me still...

[Abby_M]

Hi @Dotr 

Thanks for taking the time to reach out to us.

The Square Loan program is currently offered by invitation.Keep in mind that we can’t guarantee that another offer will be extended before or after the current plan is complete. Repaying your existing plan does not guarantee that your business will be eligible for another offer.

Offer eligibility is largely based on current payment processing data, which means eligibility can change as frequently as your business does. We understand that not being immediately eligible can be frustrating, however, we will continue to automatically review your account for eligibility.

Thanks for reaching out and letting us know! We apologize for the trouble you're experiencing. Please contact us directly so we can take a look at your application and assist.

[Elizabeth07]

Well, I just hit 91% and still all in green and nothing! I’m literally just paying interest now! 

[Thetattooshop23]

I am at 90% and still nothing! My last offer was in the 60s. Something is going on with square. I am almost paid off, and everything is in the green; I have been processing every day. 

[Dotr]

I believe something is going on with square also. When I call they will say they are giving out loans everyday. 

[Thetattooshop23]

Same with me! I was promised that someone would get back to me via email, but it never happened.

I was told accounts are evaluated daily for loan offers, which is not true. On October 25th, it said my last review was the 23rd at like 1:56 pm so that clearly showed that accounts were not evaluated daily.  Once I brought this to their attention, it showed that it had been looked at all the sudden. So square should be up front and truthful with the customers about what's going on with everything. I have had 5 loans and all of them have been  under 78%

[shannong]

It’s rather frustrating. Because then I feel guilty for taking a day off. But I know they are looking at my account and I’m just not getting how I have the loan pretty much paid. I’m $800 away from the loan being paid and I’m just paying the fee at this point. There is no reason another loan hasn’t come through. I’ve been with square for 5 years and this is my 9th loan since 2022. Not one has been over 82% (most being around 75-80%)

[Tamara3]

I read in a forum that they review accounts 2-3x a week. I’ve gotten offers on Tuesdays Thursdays and Saturdays 

[marcyliz]

I’m at 100% for multiple weeks, still nothing. Really really thought something would come through over the weekend but nope. 

[kacey_k]

That’s how mine was my second/third kinda were- 100% paid off for over 2 weeks before new offer came then the next one came in around 67% now I’m currently on my third and I’m at 67% again. I don’t see me getting it until mines paid off in full again. I think the 2nd loan I got lucky at 67% 🤣 

KEEP US UPDATED 😉

[shannong]

Almost at 82%. Had the best week in sales in a long time last week. Still nothing. Truly need this to come in this week for my holiday inventory. 

[kacey_k]

Keeping my fingers and toes crossed for you!!! 

[Bdz]

Thank u

[Bdz]

Has anyone received a loan when processing says needs work. October and November are very slow for me, so of course my processing took a dip, but I am 95% paid on loan. Would love to purchase inventory during the next few months, because it goes on sale, during the slow times of my biz. Just curious, if anyone received loan with the needs work?, if I had some new inventory that stood out a little, I could raise sales a little,  not much, cause Oct, Nov always been very slow for me, just kinda sucks the timing happened like that, right when I may have been coming up for a loan. Thank you in advance for answering me

[shannong]

You will not get an offer if processing is down. 

[Bdz]

That's kinda what I thought my metrics change almost daily from needs work to good, so hoping it catches it on good. 😆 

[Bdz]

Out of needs work again, all green so fingers crossed 

[Thetattooshop23]

I am still not seeing an offer, and I'm at 92% repaid! I have never gone this far without a new offer. I was reading online, and it stated that some Square customers would see a Square cash advance offer after the current loan was paid at 100%. Some are still receiving loans like before, while some customers would see a square cash advance, which will be a short-term loan while others will still stay the same. I don't understand the reasoning behind this or how they pick who will stay on a traditional loan like they are on or who will have to pay 100% just to be offered a cash advance. 

[Elizabeth07]

Anyone get an offer yet? I’m at 93% and still nothing … I keep moving % each day and still nothing!! 

[Dotr]

I have been 100% for weeks and not got an offer. Called to see if they have any red flags or anything on my account they advised no and read the script.