Hey @ankara. That is impossible for anyone to say, even Square employees. Loan offers are completely calculated and regulated by the mysterious “Square Loan Black Box,” without human intervention. Square employees will not even attempt to guess what you might be offered. Also, every seller is different. Loan offers are not completely based upon card sales, which is what is used (in other words, loan offers are not based on total sales including cash sales, but only the portion of our sales that is paid with a card, since card sales are what is used to pay back our Square Loans).
Oh, and here are links to the Getting Started Guide and the Loans FAQ.
Besides card processing volume, other things are used by the black box. These include how much our card volume is going up or down over a certain period on average. It also looks at our customer mix, average ticket sales, and many other factors, all of which will be different for every seller.
Sorry, but neither I nor anyone else can even hazard a guess on this topic.
Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)
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