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? 

[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.

[Twpchair]

Congratulations on 💯!!! Did you prepay or was it out of sales? 

[plnmealsandmore]

It was from sales!

[Twpchair]

Great! Good luck and please keep me posted on your next offer if you don’t mind. It does help others to get a feeling of what is going on with loans. I know it’s hard when everyone is different and processes differently but it helps. Thank you, and here is to the biggest offer yet for you!!!🤞

[plnmealsandmore]

Yes, of course. My biz is a part of a parent company so I do see loan offers for other locations pop up on mine as pre approvals, which is annoying haha. There was one for another location this AM, but not for me:(

[Twpchair]

The other ones that you can see, do have the ability to see what percentage they are at? I’m sure thats frustrating as well. Here’s to a great week and hopefully, everyone will get an offer! 

[Cafegripons]

Just an update 

I received an offer 

86% paid off 

but it’s half than the last loan 

even the sales are up. 
its ok. They are still giving away some loans 

[Twpchair]

Congratulations 🎈🎉 thank for the update!!!