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]

I couldn’t agree more. 

[Abby_M]

Hi @Tamara3 

Thanks for posting on the Seller Community.

Thanks for providing your feedback. I will share your concerns about eligibility with the rest of the Square Financial Services team.

On the other hand, Congratulations! I've seen you were recently approved for an offer! 

Please know that we’re constantly working to improve our products and services based on the feedback we receive from customers.

If you have any other questions, please feel free to contact us directly!

[PerroneTech]

Another option we need added is the ability to decline a loan.

if I don't like the offer, I should be able to refuse it. I got an insulting offer on what is my 12th loan in 4 years. 1/4 my last loan. It's been there since Thursday night, taunting me. I should be able to decline it and wait for another offer.

[Tamara3]

That must be new I have declined before for an insulting offer. I remember it was like $1200. I was like nawwww I think I’m good I had $26,000 in my linked account and $10,000 in my square at the time. Huge disappointment for me and embarrassing for Square to say the least. My next offer was $4500 about a month after that one and I decided to take it. That loan was the most I’ve ever been offered and that is what my last one was and keep in mind I report $250,000 on my taxes I run a 6 figure business and this is what they offer. Square needs to step it up on loan offers in 9 years I’ve not seen any benefits or hopes of improvement yet. I’ll correct myself if I’m wrong and I get an amazing loan offer and will come back to report but I literally would bet money at this point they will continue to insult me and embarrass themselves which is why this week will be my last hopefully tomorrow for me to process with them given they have not given my account a Review obviously. If they really reviewed my account they would’ve already offered me a new loan.  My CPA who previously worked for a company in loan servicing looked at my financials last week and something was definitely off she also works for the IRS so I truly trust her opinion. Just my 2 cents

[PerroneTech]

They are offering me $3430 at 89% complete on a $8650 loan that I got in March. My sales are up 62% YoY. I broke 6 digits this year, which is a HUGE improvement over last year, and a record for me. I also added a second business location, so that is additional income. However, that location is mostly cash, so I don't blame them for not counting that.

I guess I could take the loan and knock it out pretty quickly, but it is an insult with such a small amount, and such a heartbreaking realization that Square would never give me a loan of say $15k to $20k, which is what I need for that HUGE boost to take my business to the next level. This loan would be $2000 after the current loan payment. It's always baby steps, and that makes me angry. It is what it is, I guess. I've had dips before, but with my sales doing very well this year, I was hoping to finally break $10k. Four loans ago, I got a $9600 loan, and now we are at $3430?!! Come on. You'd think Square sees the constant early payments, the consistent history, that'd they take a bit more risk. My current loan is $8650 at 20% repayment rate.

While it is cool they are dropping short term microloans, perhaps we can work at the other end of the spectrum as well, and take some risk on long running businesses who need a little bit more at once, and have the history to pay it off.

[Tamara3]

Wow i’d be angry too! You have every right to be. I’m angry for you lol that’s a legit issue I keep seeing in the community is they offer an amount but when sales soar they aren’t there for the sellers and that is 100% why I feel it’s time for me to make a move. I want to partner with someone I can say hey this company was there for me in a pickle and helped me grow my business. Square has only held me back from my potential because partially I admit I threw all my eggs in the basket with them trying to earn their trust and build a relationship but 9 years in and I’m overlooked and nothing more than a flea on a dogs back to them. We give them a huge amount of our money on these loans and sadly sellers are not treated the way business owners should be treated. I’m now sitting at 82% paid and still nothing. Another $1000 on my day off to no new offers. I’ve chatted emailed, called and nothing but the same automated messages BTW Did that offer come today? 

[PerroneTech]

No. That offer came Thursday. I always get my offers after my business hours and close to the weekend for some reason.