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.

[pralinep]

Thank you for the encouragement. I just wanted to report back that I received an offer on today and it was 2x’s more than last offer. I guess patience is a virtue lol. 🥰

[Twpchair]

Congrats and yes it is! Thank you for sharing your updates!

[Abby_M]

Hi @pralinep 

Appreciate you taking the time to post

We are thrilled to hear how your Square Loan provides benefits to your business. We hope you continue growing your business with Square, and share more of your successes with us.

Please contact us directly if you have any other questions.

[Tinymoon]

Hit 81% yesterday after a busy weekend & got offered tonight around 7:30PM. About 1.5k less than the last one. This is loan number 5 for this location. Just wanted to give a little hope. 

[Twpchair]

Congratulations!!!!! Thank you for sharing!