September 2025 Loan Offers?

[CakeHopeLove]

Currently paid back 78% on my current loan. All green indicators (except for paid back percentage). We are on our 26th loan with Square and these loans have helped our women owned business survive through some rough times.  In 2024 we had a our best year ever with a 34% increase YOY. We are trending up 13% this year could really use a new loan to help scale going into a busy holiday season.  Our last loan we are got offered at 60% paid back in February 2025.  We make our 60 day minimum payments in about 10 days. Our credit card processing volume is up 6.2% this year over last year.  New customers are increasing this year and retention is up YOY also.  Really wish there was some kind of indicator to help plan on when new offers could come.  @Abby_M any suggestions or help?  

[Adalynn]

Hey @CakeHopeLove !

I always love to hear how our loans help business during tough times! We appreciate you for continuing to look to us for your businesses funding needs.

With that being said, your account is automatically reviewed daily to determine eligibility! New offers are not automatically extended when a certain percentage of an existing loan is repaid. 

If you become eligible again, we’ll notify you directly through email and your Square Dashboard.

Again, we appreciate your loyalty when choosing to partner with us! Please know that your loan history is reviewed in determining loan eligibility, but there are other factors of your account that are also considered.

Let me know if theres anything I can assist with, always happy to help to the best of my ability! ❤️

[CakeHopeLove]

Adalynn thanks so much for the response.  I understand our accounts are looked at everyday and we will see an offer if one is available on our dashboard.  We have been using square loans since 2014. We will just keep an eye on our loan dashboard and keep our fingers crossed. 

[CakeHopeLove]

Woohoo received a new offer today!  

[OTHCO17]

Congrats! These threads are nice to have as some sort of reference and or hope.  I have had 10-11 loans with square had my best yr as well. Paid 85% of current loan, never had to make manual payment with any of them.  All my metrics in green everything increase sales, volume, swipes, mix of customers. So,  I’m patiently waiting for my next loan offer.  I agree these loans have help our small business grow so much and as women owned business as well I’m def grateful for them when they do roll in 🙂