Square loans 2026

moxiemavenandco · ‎01-22-2026

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?

Abby_M · ‎01-23-2026

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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Twpchair · ‎04-02-2026

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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OceanHills

Keep us posted. The most I've ever waited was maybe 5 minutes, even on the weekends

Trying to gauge if the process is different now.

locksmithnick

And strangely enough, mine is approved and deposited right after my comment! 😂

OceanHills

That worked out!

Still hoping there is movement on my end.

It's been completely different apparently this year.

BiB

Same. 🤞🏻

AS

Swain

I got an offer today just wanted to share so don’t lose hope! 68%

Davidjohnedgex

Congrats! We are all just flabbergasted at how they choose who qualifies for a loan and at what percent. Some folks have flourishing businesses through square and exceed numbers and estimates and still don’t qualify and over 80% as well.

hailey2

75% off and no offer yet. All metrics green. Hoping something comes in soon because we're entering our slow season.

OceanHills

This has been a really weird season. I'm at 81 with all of my markers green and still nothing

hailey2

right! this is only our second loan, but we received the offer when we were only 51% paid on the first one because we are paying it so fast. We usually hit our minimum payment within 2-3 weeks.