Unfortunately yes, the mods had a pinned post on the thread loans 2025. That's the most active one. It goes over a lot of topics from the percentage of paid back instead of the 70% range and rolling over 30% which takes away 30% of your new offer. It really does add up and it's hard to choose between supplies or making say 4 lease payments ahead of time. That extra money is huge really and helps us reinvest more into our business. This was a good move honestly. Waiting for 80-90% is hard as well. Once people received that offer say at 95% it was like getting 2x your previous offers. With you meeting and exceeding the “good metrics” to great by hitting the increase in sales, daily swipes, and volume of swipes. New customers vs just your old faithful regulars shows growth and potential new regulars. Metrics are a great tool for us to use and work on areas. All green is not a guarantee of an offer, nothing is really certain with the Square statement of when or if you are eligible you will be notified. With all said a huge plus is our history with Square, time, prior loans all of it comes into play. The first 5-6 loans are very important as you are establishing a relationship with Square, and the algorithm is crunching numbers and data from your processing history, etc. after that for myself way before metrics this is about when my offers jump to about triple. As I grew my offers grew. If you go to the thread above I mentioned there is a spot click here. This was all the information on loans and going forward. It's not just you by no means hun, this is everyone feeling it. Good luck to you. You need anything else, please just ask away!
Unfortunately yes, the mods had a pinned post on the thread loans 2025. That's the most active one. It goes over a lot of topics from the percentage of paid back instead of the 70% range and rolling over 30% which takes away 30% of your new offer. It really does add up and it's hard to choose between supplies or making say 4 lease payments ahead of time. That extra money is huge really and helps us reinvest more into our business. This was a good move honestly. Waiting for 80-90% is hard as well. Once people received that offer say at 95% it was like getting 2x your previous offers. With you meeting and exceeding the “good metrics” to great by hitting the increase in sales, daily swipes, and volume of swipes. New customers vs just your old faithful regulars shows growth and potential new regulars. Metrics are a great tool for us to use and work on areas. All green is not a guarantee of an offer, nothing is really certain with the Square statement of when or if you are eligible you will be notified. With all said a huge plus is our history with Square, time, prior loans all of it comes into play. The first 5-6 loans are very important as you are establishing a relationship with Square, and the algorithm is crunching numbers and data from your processing history, etc. after that for myself way before metrics this is about when my offers jump to about triple. As I grew my offers grew. If you go to the thread above I mentioned there is a spot click here. This was all the information on loans and going forward. It's not just you by no means hun, this is everyone feeling it. Good luck to you. You need anything else, please just ask away!
It’s early, so bear with me (first cup of coffee) if you are being serious and not meaning this as sarcastic. Have you called in and found out if you qualify for the free trade-in system? I know there was a date to do it by. If you are referring to the upgraded POS systems, again, I don’t mean to sound sharp; I have answered this question for a good month on a different forum about turning in your old and getting new. If it was being sarcastic, I get that as well. The loan board is pretty lonely here lately. Good luck with your journey; if you need help with the other, let me know, ok?
