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 canโ€™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.

 

Donโ€™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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Square Champion

Great! Good luck and please keep me posted on your next offer if you donโ€™t mind. It does help others to get a feeling of what is going on with loans. I know itโ€™s hard when everyone is different and processes differently but it helps. Thank you, and here is to the biggest offer yet for you!!!๐Ÿคž

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

 

I received an offer 

86% paid off 

but itโ€™s half than the last loan 

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

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Square Champion

Congratulations ๐ŸŽˆ๐ŸŽ‰ thank for the update!!!

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