Square loans 2026

[moxiemavenandco]

Hi! I am currently @ 49% paid of my 8th loan with square. Typically offers have come in at around 50-60% since. I have seen a few people mentioning that they now do a soft credit pull and am wondering if this pertains to personal credit or business credit? 

[Sammie_C]

Hi @moxiemavenandco, I appreciate you reaching out and being a part of the Square Community!

Unfortunately, I on the Square Community have limited information on the Square Loans program at this time. I am going to go ahead and tag in a few of our Square Loans Specialists and see if they have any knowledge they can provide.

@marielmt, @Abby_M, do either of you wonderful people have any insight on this for this Seller?

[Abby_M · Accepted solution]

Hi @moxiemavenandco 

Appreciate you taking the time to post.

New offers are not automatically extended when a certain percentage of an existing loan is repaid, but your business may become eligible for a new offer when your existing plan is closer to being repaid. This timing helps to ensure a significant portion of a new loan can be used to reinvest in your business directly rather than repaying your existing loan balance.

Keep in mind that we can’t guarantee that another offer will be extended before or after the current plan is complete. Repaying your existing plan does not guarantee that your business will be eligible for another offer.

Don’t hesitate to contact us directly if you have further questions or concerns.

[AnotherShotCoff]

Im 90% repaid on my square loan and still have no offer. They used to offer loans before payoff but from what ive now studied, they no longer are doing that. Not only are they wanting you to be 100% paid off but people are saying they still have no offer several weeks after payoff. My sales are great, im in the excellent category in all the areas and ive paid off 90% of my 50k loan i got only 1 year ago and still have no offer. Im thinking they have dramatically changed their process or dont have funding.