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. 

[Me2018_]

No not yet.

[Bonzy2010]

definetly been odd lately...some ppl get it 70s-80s yet some in 90s or paid off have 0 offers..currently 80% so I have no hope it would happen for me either since I usually get them in the 65-75% range...currently on my 7th loan

[brown17]

My last two loans were at 60-65%...nothing 64% do I still have room..bulk of my invoices come months between now and Sept. But I still.process daily.... Hoping to get one soon.  I was told that those factors don't necessarily make you ineligible just areas they look at

[Bonzy2010]

I process about 30-35 payments a day on average so frequency doesn't help odds either since I process around 200+ payments weekly. I'm not really sure what the main factors would be either. I'm about 5 months ahead of schedule on current loan too.

[Me2018_]

My sales been up this round of loans and everything thing else. So I’m honestly thinking its been something up with the square system for the last month. Taking into consideration alot of people were on ineligible screen fot the longest and than some received an offer once they came out of that screen.

[CTC18]

I process on average 90-110 transactions a day, 6 days a week and still nada. 71% paid.

[Bonzy2010]

with that many transactions you do..it makes me really wonder if they really just put all our accounts in a hat and pick out 3 per day to offer these things 

[CTC18]

Do you have a slow season you just went through or are sales up?

[Bonzy2010]

it has generally been steady...sales currently are almost identical compared to last year give or take a couple thousand 

[brown17]

I have a "slower Season" Dec-Feb  but still process a significant amount.    The increase I have had in March April and now May has been drastic with no offer.    I now have a processing dollar amount  in my factors which is less now that my season is in full swing.    Customers either pay in full for our services or monthly, the in full customers have slowed 

[Bonzy2010]

where is the processing $ amount located? inside the same screen that the factors listed are in? either I don't have it listed or I'm looking in the wrong place

[brown17]

I have never had it till last week when it appeared. And I've been with square 4 years now   Yes in the factor screen. I can't share a screen shot.   

[brown17]

Here I copied the text 

Processing volume

Needs work

The dollar amount of card payments processed with Square

[Bonzy2010]

so it's under the processing volumn where it says for example $245,489/$10,000 in past year? if so I've always had that there

[brown17]

Yes I've had that box too but not in the actual factors...always been processing frequency... and I am always well over 10,000 ao it makes no sense 

[CTC18]

It’s under eligibility factors. “processing volume”. I’m up 4.5k in the last month over an average month.

[brown17]

Received Loan offer yesterday Sunday at 6pm...My processing dollar amount that appeared was at needs work to just before they offered loan.   I was at 70% Loan doubled from last...

[CTC18]

Do you mind me asking what your average month is and what your loan offer was?

[Ralphael84]

thats odd makes me wonder and feel actually more hopeful as I am 93% done

[Ralphael84]

Have you gotten any offers yet

[Ralphael84]

I’m at 93% all green but as I checked due to extra payments it says pending still 😩😩😩