Solved: Square Loan

ohanalakewood · ‎03-05-2025

Can I use a portion of my Square Savings to pay on a Square Loan?

ryanwanner · ‎03-05-2025

Yes, you most definitely can use a portion of your savings towards your loan. However, there isn't an automated way to do that currently as far as I know. You'll have to transfer your savings into a linked account then make the payment manually. You can do the manual payment from the Loans page on your dashboard.

Hope this helps!

Ryan Wanner
Golden Pine Coffee Roasters
Colorado Springs, CO, USA

Square Champion: I know stuff.
Beta Tester: I break stuff.
he/him/hey you/coffee guy/whatever.

Happy Selling!

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ryanwanner · ‎03-05-2025

Hello @ohanalakewood !

Yes, you most definitely can use a portion of your savings towards your loan. However, there isn't an automated way to do that currently as far as I know. You'll have to transfer your savings into a linked account then make the payment manually. You can do the manual payment from the Loans page on your dashboard.

Hope this helps!

Ryan Wanner
Golden Pine Coffee Roasters
Colorado Springs, CO, USA

Square Champion: I know stuff.
Beta Tester: I break stuff.
he/him/hey you/coffee guy/whatever.

Happy Selling!

Twpchair · ‎03-05-2025

Absolutely! I had to transfer it to my regular linked savings account and then I wasn't 100% sure so I then transferred it in seconds to my checking account and boom off and going. I had a long wait. I did late Friday night and Monday was a federal holiday. My luck.

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