Solved: Re: Square loans 2026 - Page 2

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?

Abby_M

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.

Abby_M
Square Loans Team
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Mpechlys

I just don’t know when the dispute will fall off all my dashboard is green beside dispute says needs work, last dispute was in August which was in my favor. All was in my favor I just don’t get it, either or just keep swiping

LoCoPizza

I've noticed my laste 3 loans I didn't get a new offer until about 3 to 4 days after the loans were completely paid. I use to get them once I hit 75% paid.

The crust is the plate, the toppings are your adventure...

Papaya

Hi @LoCoPizza

Appreciate you writing!

New offers are not automatically extended when a certain percentage of an existing loan is repaid. While you are not currently eligible for an offer, your account is automatically reviewed daily to determine eligibility. If you become eligible again, we’ll notify you directly through email and your Square Dashboard.

If you have any other questions, please feel free to contact us directly!

LoCoPizza

I'm gonna assume this is a generic and automated response.

The crust is the plate, the toppings are your adventure...

Twpchair

Unfortunately, we all got used to that 75% and almost guarantee of a loan. Those days are gone for the most part. You will still see the random mid-60s to 70s but mostly 85%-to paid off. Each person is different and how we process but on the whole it's been trending higher. Good luck to you!

Tammi
Owner of The White Pallet Chair
Square Champion, Expert and Advisor

csmajesticinc1

I just wanted to check if this is happening only to me or to everyone. With my new loan, I don’t see the eligibility criteria section with the green “Good” indicators. It’s not there at all. When you click on the Loans icon and go to the loan page, then press the current balance square, it takes you to the round percentage page. Normally, after that, you can click “More details” and see the eligibility details with the green “Good” and “Needs work” signs. However, there is no option to click “More details” anymore.

Is this the same for everyone?

Mpechlys

You haven’t updated in awhile? Normally means u need to process more, to me anyways

MelaoCafe

Hoping to also receive a offer soon,

it seems I have higher volume than most I have seen here, with more or less 3000 transactions a month as a high volume cafe.

I normally get a new offer around 70% which I’m hoping for again. Was hoping to get any insights but I’m good and green on all factors. Looks like just a waiting game but I wish square would adjust the algorithm or have manual reviews for loans that are more than 60%.