Has anyone received a loan offer in 2023?

[Blackbear579]

I'm at 71% and usually see a offer by now (between 65%-70&).

[#2]

I'm where you are at (minus the actual loan offer part.) Sale are up about 60% over a year ago and processing is up about 65%.  All the other things are in the green.

I think most people's frustrations are that it's just not transparent and there isn't a clear goal to strive for. It is also disheartening to just be told the same quotes over and over. It comes across as uncaring and impersonal. Which if that's the case is fine, that should be conveyed to clear up misconceptions and so people don't get their hopes up. It would also come across as more professional to state those things (economy and such) from Square itself. It would let people know where they stand and can make appropriate decisions. 

[eatMoroccan3119]

How big was your last loan?   I;m in restaurant too

[Cafe290w]

I was get 40K 

[Oxbow]

12k bar rest

[Devmichelle]

all of my makers are green but it still says ineligible…. That’s what worries me

[Dfmattress]

Same. I've been that way and 100 percent paid off for almost 2 months now and nada. 

[Devmichelle]

Right after this I got an offer. A very very small offer but finally! It’s been months since June for me!

[lisap1970]

Me too. I’m at 87% always had an offer at 60-75%. I’m so worried 

[Obulldogs]

82% no offer.  

[Pecard81]

In the past where had the offers come in?

[Obulldogs]

Started out like at 90% then dropping each time while offers would increase.  Last one was around 80% I believe.  

[Koleen1234]

Same 82% and no offer 

[NRVGuru]

Getting real nervous about the lack of any response this month. Holidays are right around the corner and we need to prep for that. Even part of last year's offer would help!

Fingers crossed.

[eatMoroccan3119]

Yes , interesting I sent an e-mail to Square Loan support few days ago and still didn't get a response yet.  We are 93% paid, but no new offers yet. We are not hoping for it at this point haha. 

[Obulldogs]

To me that's a real slap in the face to be at 90+ percent and not have a new offer.  Assuming you have had prior loans and in good standing with Square.   If I get over 90% I might just go somewhere else if I need another loan.  Love square and the easy of loans but their automated process in which they pick and choose how, when and who seriously needs revamped.  IMO  Best of luck! 

[eatMoroccan3119]

after 4 + days I finally get an e-mail response back from Square Bank Loan support but of course their answer was the same, very generic, which doesn't offer specific insight into our situation at hand. 

But anyway, we are 95% paid back now ! Hopefully a new large offer comes soon.  Yayy

[Hotbear]

Good evening everyone we received our 7th loan less than a month ago at 99% paid and it was way less and then at 37% paid they gave us another loan like 4 time the amount of loan #7 I can’t understand there algorithm 

[Pecard81]

Two loans In a month, good job.  Loans are being offered it’s just about hitting the right numbers 

[Jjpainting]

Maybe they realized that they screwed up and the loan should have been much higher 🤷‍♂️.  How much was your loan you just got compared to your past years card processing amount. My current loan is only 6% of mine. I’ve read many getting them at 13%

[photoguy2019]

Wow 37% definitely gives me hope i have been waiting 

[BulbaGore]

Checking in as promised, I received an offer today at 79% after a good weekend, and the offer was there right at the daily update time (between 3-4pm eastern).  The amount and terms are identical to my last loan, which is excellent news. Just waiting for approval now. 

[Twpchair]

Congratulations! Great news and thank you, for keeping everyone updated!