Square Loans February 27, 2026

[BG77]

Have users been getting Square loans as often as before?

If so, what percentage of your previous loan was paid off when you got a new offer compared to now?

Has Square changed the loan offer process?

I’ve had a handful of loan offers the past four years most of which came when the previous loan payoff was in the mid to low 70 percent range. 

I’m currently 79% paid off but I do not have an offer and Square can’t tell me much of anything besides the system is automated. 

I do not know if Square has slowed down its offerings or if the criteria has changed. I’m trying to figure out if I should anticipate another loan offers or if I should plan to move forward without it.

[Minion]

hi @BG77 

For the past year the % paid back seems to average in the mid 80s and up before an offer is extended.  There is a ton of other seller feedback in this thread here regarding % paid back and new offers etc.  Those do give a slight sign, but its no guarantee and since ever business processes sales differently use caution. 

My advice would be to adjust your business accordingly without an offer.  Always plan for things not being there and then if/when they show up you can make a decision based on your current needs then. 

Best of luck!