Weekend Loan Approvals?

[rcook216]

I just received and accepted my 3rd loan offer tonight (Friday) around 10pm. Do they approve loans over the weekend? 

[Minion · Accepted solution]

Hi @rcook216 

Applications for loans can take 1-3 business days to review.  Keep in mind that Monday is also a holiday.  So you may not see activity until Tuesday/Wednesday of next week. 

[Abby_M]

Hi @rcook216 

Thanks for your post

All loans are still subject to credit review. After you submmit an application you should receive a status update within 1–3 business days from the date you submitted it. 

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

[streetjuicetv]

Hi Abby,

I hope you’re doing well!

I’m reaching out regarding my current Square business loan. I’ve completed approximately 75% of my repayment, and I currently have another loan offer available. I wanted to ask whether my offer could potentially increase as I continue paying down my existing balance.

I’m particularly interested in securing a significantly higher loan amount because I have a major business expansion opportunity that I believe could generate over $500,000 in additional revenue within the next 12 months.

My company, StreetJuiceTV, has built a strong social media presence with approximately 350,000 followers and an established customer base. I’m preparing to launch a new service priced at $500 per customer. My initial goal is to secure 1,000 customers within 12 months, which would generate $500,000 in gross revenue from this service alone.

What makes this opportunity especially promising is that StreetJuiceTV already has an established customer network of approximately 1,000–3,000 customers and prospective customers. This gives me a strong foundation for launching the service without relying entirely on acquiring new customers.

Additionally, I plan to invest a portion of the funding directly into marketing, advertising, and promotional campaigns to expand our reach, attract new customers, and accelerate revenue growth beyond our existing audience.

I’m confident in the business model and believe that with sufficient capital, StreetJuiceTV can scale substantially over the next year.

I would love to discuss the following:

1. Since my current loan is approximately 75% repaid, is there a possibility that my available loan offer will increase as I continue repayment?
2. Is there an opportunity to qualify for a significantly larger loan based on my business’s revenue history, existing customer base, and expansion plans?
3. Can my account be reviewed for a higher funding amount, or is there a specific process I should follow to become eligible?
4. Would providing additional financial documentation, revenue projections, or a detailed business expansion plan help support consideration for a larger offer?

My goal is to build a long-term financing relationship with Square as StreetJuiceTV continues growing.

I appreciate your time and would be grateful for any guidance you can provide on maximizing my funding eligibility.

Thank you,

Emanuel Mckenley
Owner, StreetJuiceTV LLC