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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ggbluejune

Wow I wonder if I will be offered any of them. Like I said I paid off my loan and still swiping.

Jjbeautyco

I have finally received an offer earlier this expected. I usually see them around 70-75% paid off. I got this at 60% paid off yesterday .. I didn’t except right away because it’s still fairly low … today I had a huge sales day +325% increase. Another square user told me to wait until tomorrow when they review my account they could adjust it higher based on today’s sales. Is that accurate has that happened to anyone??? I don’t want to ignore it until it goes away but also would like a better offer at the same time. Help me lol

Papaya

Hi @Jjbeautyco !

Thanks for your post.

The information shown on your eligibility page is usually refreshed in real time. You can see the last date and time your loan eligibility was evaluated under “Eligibility factors.”

Hope that helps, please feel free to reach out to us directly if you have any other questions

Sky
Square Loans Team
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Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Square, Inc. and/or its subsidiaries. Square Financial Services, Inc. is a wholly owned subsidiary of Square, Inc. All loans are issued by Square Financial Services, Inc. a Utah-Chartered Industrial Bank. Member FDIC. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. All loans are subject to credit approval.