loan offers

[Ggrice0208]

Hi 

I been with square for several years and had four loans from them and they have all been paid back way in advance 

my last loan offer was a third of my last loan value and I am processing more now than ever 

I have now paid back 42 per cent of the loan and I was wondering how I can apply for another loan and hopefully get a larger amount ?

[HC_Charlie · Accepted solution]

Hello @Ggrice0208 I understand the frustration as a fellow business owner. Unfortunately there is not a traditional loan application or process to obtain a Square Loan. The qualification factors get evaluated periodically, and if your business is selected for a loan offer, you'll receive a notice in your Dashboard. You can go into your Banking area in your dashboard, and you'll see the main factors Square uses to evaluate Square users for a loan.

There is no standards based on past loans given because Square can change their requirements and re-evaluate sellers. I hope you'll be offered a new loan soon, best of luck to you and your business.