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 currently I’m averaging anywhere from $300-$1000 a day in cards. They have my payback % at 13.5% the loan before this was payback 15% of my sales but this loan is a lower percentage and still paying back in 3-4 months on an 18 month loan

[Tamara3]

I just notice they updated my loans eligibility factors

 

on my dashboard all are greet now. It says updated November 11th at 12:11 pm

[Doe777]

No updates yet. I am at 82%.. But here is some info....a friend of mine in the same field as me received a loan offer from square and she was only at 69%. The offer was double the amount of the first loan. I am trying to be patient but rrrrrrrrrr

[shannong]

I’m at 84%. They gave me a generic response yesterday of course. Just frustrating. 

[Tamara3]

Maybe mine will come they did evaluate my loans eligibility and updated my factors to all green today at 12:11 so I guess they are looking at accounts I’m at 67% repaid and usually I get an offer by now. 

 

[Tamara3]

They reviewed my account today was wondering if you got an offer?

[Dotr]

I Have been paid off since October 5th still no new loan offer Im starting to think they are not offering anything right now. 

[Tamara3]

I’m wondering that also because I’ve had 3 loan offers this year when I hit 68%, 59% and 62% all of those 3 months of paying back the loan which I’m at 64% 3 months of having this loan it’s an 18 month loan term. Since 2017 square I’ve noticed offers November loans in the 2nd and 3rd week of this month. Seems like most offers for me come the 2nd and 3rd week of the month but maybe just coincidence idk.

[kacey_k]

My very first loan ever was November of last year and I’m currently on my 3rd and I’m at like 75% paid back or more. Here in the next couple weeks I believe will be flooded with people saying “I got my loan” and one better time than right before Christmas to get ready for all those Christmas promos

[shannong]

I do feel like there is truth to this. Historically, all but 2 loans have been January, May, or November for me. The other 2 were my first 2 lol 

I am almost at 84% and almost paid the loan amount off just paying the fees now. ($400 more and the actual loan is paid) 

I do have a $15 dispute 🙄 I accepted it and I’m waiting for her bank to send it back to Square as accepted so it can be closed out finally. I’d be surprised if I didn’t get another offer right at the end of this month. 

just have to keep pushing and act like it doesn’t exist at this point lol. Honestly, I feel like if I pay it off I’ll probably refrain from getting another one because sometimes it can take $100+ of my sales for the day and I am paying over $1k back each month which could be put into bills and inventory instead. 

[BoBos228800]

Only my first loan with square and paid majority of it in a span in 3 months. Been sitting at 90% and still nothing. They definitely took their money faster than I expected 

[Tamara3]

I’m looking into other card precessors atm I’ve been doing business with square for 9-10 years my loan offers and insanely low for the fact I’m making 6 figures a year. $3,000 loans are no longer working for me. I’d they would offer a at least 30% of what I process then that would help but $3000 is less than 1% of my processing so it’s really insulting and makes me feel they are either discriminating or not being honest in their advertising. Personally is the SBA can look at my financials and offer $100,000 loan then something is up with square. My stats are green and I’ve tripled last years income and never had a dispute yet they have disputes at needs work and processing needs work and I’ve paid 68% of loan back today. Ridiculous 

[kacey_k]

That would be frustrating to say the least. I would totally think you would get more than $3k 😳 I hope you’re able to find what works best for you!! Im Currently sitting at 75% but not getting my hopes up at all. It will come when it’s my time and when it’s supposed too. I REALLY wish Square would have more consistency. 

[Tamara3]

Me too I’m a hair dresser but I also do lashes and waxing and hair extensions. Most of my clients use cards to purchase hair from me which is pretty fair amount even though I’m a little cheaper than some on those services and $3,000 loan is kind of crazy if you ask me especially with my payment history. Only 1/4 of my clients process through square some pay cash or Venmo cashapp Apple Pay and really I would process more through square if I had a bigger loan. Crazy as that sounds I don’t really push using square because paying back $3,000 is no sweat to me it’s like a little chunk change payday loan. I’m thankful they offer something but I always take the offer in hopes that one day the loan will actually be a reasonable amount but 9-10 years in and it’s the same amount as when I was processing $20,000 a year… so kind of pointless I would really like a processing company that would offer something credible even $10,000-$15,000 to use for expansion or furniture. $3,000 is what I spend a week in products it doesn’t go far for me.. 🥺

[Minion]

Why not look into a LOC for your business? It will at least build your personal and possibly business credit depending on which bank you use and what bureaus they report to.  That way ithey can give you that one on one and increase your line over time with good payment history and habits etc.

[Tamara3]

Actually I have never even thought of it but Thank you that’s a great idea 

[Minion]

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@Tamara3 wrote:

Actually I have never even thought of it but Thank you that’s a great idea 

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It will be a few more jumps and hoops to get through, but once you get it established, it will be more worthwhile in the long-run!

[Tamara3]

They just updated my eligibility factors all are great they fixed the disputes and processing volume after I emailed them about why my account said that. I’ve never had a dispute and my processing is tripled so it made no sense for either of those to say needs work. 3 days last week I processed over $2,500 a day on those days I would say for a stylist my processing is high but at 67% still no offer my finger are crossed something will come through 

[Adalynn]

Hey @Tamara3 

We appreciate you sharing your experience on the community!

Offer sizes are mainly based on your business’s most current processing activity. We also consider your business’s history with Square and progress on any plan that’s currently active, among other factors.

Please let me know if theres anything I can do to assist.

[Tamara3]

Hi there,

I appreciate your response, but based on my current business performance and history with Square, I believe I should already be eligible for a new offer. I’ve been with Square since 2017, have never had a single dispute, and have consistently demonstrated strong repayment behavior in paying off every previous loan within three months.

I’m already at 70% repayment on my current loan in just three months, and my sales in 2025 have more than tripled compared to last year, which is clearly reflected in my recent processing volume.

Given my long-standing, positive relationship with Square, consistent repayment record, and significant business growth, I’d appreciate a review of my account for an updated loan offer.

Thank you for your time and attention. I’m confident my track record speaks for itself.

kind regards,

Tamara

[Minion]

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@Tamara3 wrote:

I’m looking into other card precessors atm I’ve been doing business with square for 9-10 years my loan offers and insanely low for the fact I’m making 6 figures a year. $3,000 loans are no longer working for me. I’d they would offer a at least 30% of what I process then that would help but $3000 is less than 1% of my processing so it’s really insulting and makes me feel they are either discriminating or not being honest in their advertising. Personally is the SBA can look at my financials and offer $100,000 loan then something is up with square. My stats are green and I’ve tripled last years income and never had a dispute yet they have disputes at needs work and processing needs work and I’ve paid 68% of loan back today. Ridiculous 

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 Keep in mind also that most SBA loans compound interest daily/monthly. @Tamara3