Square Loans 2026

Does anyone know a way to edit the person responsible for the loan, or to edit the manager or owner?

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Community Team
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Hi @Arepas1 

 

Thanks for posting on the Seller Community.

 

We’re unable to edit or change your initial Square Loan after acceptance. Square Loans are issued to the business that submitted the loan application through an authorized individual. Please know that transferring ownership of the business does not change the business’s obligations under the loan agreement.

 

Feel free to reach out to us directly if you have any additional questions!

Sky
Square Loans Team
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Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Square, Inc. and/or its subsidiaries. Square Financial Services, Inc. is a wholly owned subsidiary of Square, Inc. All loans are issued by Square Financial Services, Inc. a Utah-Chartered Industrial Bank. Member FDIC. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. All loans are subject to credit approval.

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Square Champion

Hi @Arepas1 

 

I do not believe that this is allowed, as the loan was signed by the business owner they are fully responsible for said loan so it wouldn't be "transferable" as far as I am aware.

Dan
Square Champion
Check out Square support center for additional help.

"If you don't stand for something, you'll fall for anything"


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Community Team
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Hi @Arepas1 

 

Thanks for posting on the Seller Community.

 

We’re unable to edit or change your initial Square Loan after acceptance. Square Loans are issued to the business that submitted the loan application through an authorized individual. Please know that transferring ownership of the business does not change the business’s obligations under the loan agreement.

 

Feel free to reach out to us directly if you have any additional questions!

Sky
Square Loans Team
Sign in and click Mark as Best Answer if my reply answers your question.

Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Square, Inc. and/or its subsidiaries. Square Financial Services, Inc. is a wholly owned subsidiary of Square, Inc. All loans are issued by Square Financial Services, Inc. a Utah-Chartered Industrial Bank. Member FDIC. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. All loans are subject to credit approval.
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