Square loans 2026

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? 

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Community Team

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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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This is a service email from Square Financial Services, Inc., a wholly owned subsidiary of Block, Inc. All loans are issued by Square Financial Services, Inc, a Utah-Chartered Industrial Bank, Members FDIC.

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Square Champion

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Here we go!!! 1 more down. It can take 1-3 days, depending on the day of the week and the time you received it.  Just watch your dashboard; if no information is needed, it's just a tad behind. There's been a big push! Congratulations again!

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

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187 REPLIES 187

Did you ever get your offer? You're so close!

AS
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Square Champion

How's it going on your end?

Tammi
Owner of The White Pallet Chair
Square Champion, Expert and Advisor
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Nothing. Processing up 84% YTD and loan almost paid off. Last 4-5 months, I've done more than I ever have and everything is consistent/growing. 

AS
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Square Champion

Well, that's not what I wanted to hear. The only plus is that it will be all yours. Hopefully, the next one is yours. 

Tammi
Owner of The White Pallet Chair
Square Champion, Expert and Advisor
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8k loan 74%paid off no new offer & im still like peeking at my notifications 

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I'm 87% paid no new loan offer yet! Waiting...

 

Hi everyone!

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Have you gotten an offer already ?

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No this is my 5th loan and typically around 60% I get an offer 

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Hopefully you get something soon!

AS
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Have you gotten an offer yet ? Same boat 

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Nope not yet

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One of my business received an offer, 69% 

paid off. It’s 2k+more than the recent loan. 

just an update. 
I didn’t expect that location to get any offer this time.

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I have all green and this has been all week and paid up for payment due date thingy lol

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Hi everyone, I just got a loan offer at 89% paid.  The offer was half of what I was offered last year. Seems like they’re being more strict now, but I’m not complaining.   Good luck to you all!  

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Congratulations!

AS
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That's great! 👏 

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Thats great! Ya they seemed to have tightened up. Ive always had my loans paid within about 4-5 months. Im at 54% all green (always all green) and no offer. our first offer 14,600/ 2nd offer 21.200 and this loan was 46,200.00 In about 3.5 months we have paid in 54% Funny thing is my sales dipped from last month , only because im near Tahoe, and all of th ski parks closed early. We own a catering and private chef business. Although my sales are down from last month, they are 453% over last year at this time, so go figure lol. Good luck to everyone but i would love another offer to get bulked up for our season, but I dont think tht is going to happen anytime soon. Below is from Square:)My sales last month was the largest sales month in March that I have ever had in my 15 years, over 66k.

Here's how April 2026 compares to last year:

April 1–20, 2026: $20,147 (19 orders)
April 1–20, 2025: $3,766 (5 orders)

Your sales this year are actually 435% higher than the same period last year. That suggests either your business has grown significantly since 2025, or last April was also impacted by seasonal weather.

If last year's April was similarly slow due to weather, it reinforces that this is a seasonal pattern for your business.

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Community Team

Hi @CRMHC19 & @Srachurros !

 

Thanks for keeping everyone updated.

 

Congratulations on the new offers! Please let me know if there's anything we can help with or if you have any questions. 

 

Please contact us directly if you have any other 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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I’m at 93% of my first loan , anxious to see the new offer I should get , this one was $5200, I don’t know if my next will be higher, that’s my first time 😂

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Square Champion

It's been a good decade, but my first -fourth-5th loan was a little bouncy. We didn't have all the metrics and high-tech stuff like we do now, or at least they weren't available to us. Loan 6 is about where mine grew, along with my business. Your Square history is just as important as all your other stats. Good luck to you!

Tammi
Owner of The White Pallet Chair
Square Champion, Expert and Advisor
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No one has really posted. Hopefully that means people have been getting good news and just didn't update! Good luck to those still waiting!

AS
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