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.

[OceanHills]

Update. 

Currently at 85% and no offer still

[Amyamaze]

Got a really low offer today. 20k less than last one! $15k less than first. At 85% paid off and ALL GOOD. WTH? And previously I just said ok and Money was deposited immediately. This time is says 1-3 day review. Keep you posted. 

[3teesprints]

yay!!! congrats! keep me posted,

[Twpchair]

It has been trending a lower and the 1-3 days is pretty standard now. My last couple if I accepted it by early afternoon it was there the next day except one took 2 days. 😩 sorry about the offer but I am glad to see them going out. 

[Twpchair]

Anyone have any good news?

[3teesprints]

i am at 75%.  no offers.  patiently and hopefully waiting. lol

[Twpchair]

Good luck and please keep us posted!!!

[Twpchair]

Fingers crossed 🤞 good luck!

[OceanHills]

Still no offer. 

I'm at 86% paid off. $31,269 of a $36,000 loan.

No offer.  No update. I'm in the same boat as everyone else. A little frustrated and surprised how long offers are taking. It usually gets retriggered at 60%-75% at the most for a new loan . 

[Twpchair]

It has been really hard to even try to figure it out. It’s been the tale of two stories. I see yours to completely paid off for months with anywhere from 80-120% increase in sales to those that pop in from 55-65% percent paid off??? It’s been hard for us that have been around for a while and got so used to that 70-75% guaranteed offer point and those days are gone. Besides our sales and metrics shooting through the roof, Square takes into consideration what is going on outside of Square. The economy, the stock market, the bigger picture of it all. You’re history, years with Square and lending in general everywhere. Does that help us when business is booming no, not so much and I understand the frustration, confusion I wish I could offer more but unfortunately as you see the board it’s been a long time in between offers at least posted here. I wish you all the best and hopefully very soon. Good luck and keep us posted.