Hi Sellers! ๐
Whether you need to buy a new walk-in freezer for your restaurant, expand your salon's space, or ramp up your marketing efforts, having a bit of extra cash flow can help solve these all too expensive challenges. That's why we've launched Square Funding. No complicated applications or long waiting periods โ just simple funding to keep your business running smoothly.
With Square Funding, enjoy the freedom of:
- No long forms to fill out โ apply in a few clicks. No personal collateral required.
- One fixed cost โ no interest or additional fees. Funds as soon as tomorrow if approved.
- Customizable offers so you get the right amount for your business.
- No monthly payments due โ a percentage of your daily sales will be deducted until your balance is met.
- Access your funding where you process payments, all on Square.
Is this a loan?
No, Square Funding is not a loan. Itโs a merchant cash advance, which means youโll get funding up front in exchange for a fixed percentage of future credit or debit card sales processed with Square.
Browse the full FAQ ->
How does Square Funding work?
If you need frictionless funding for your small business, Square is here to help.
Square Funding is open to current Square sellers based in Quebec (upon meeting eligibility requirements). We look at your transactions to present you with an offer. Your final funding amount is customizable โ take as little or as much as you need up to the max offer amount. Apply for your funding with just a few simple clicks, wait to see if you're approved, and that's it!
There is no interest or fees other than a simple funding cost. There are also no monthly payments due, so the progress you make on your total balance will vary with the pace of your business โ Square will withhold less when sales are slow, and more when theyโre strong.
Whether for a new omnichannel marketing campaign, new equipment, or more inventory, Square Funding can help.
If you'd like to see if you're eligible for the new Square Funding, visit your Square Dashboard.
Note: Square Funding is only available to eligible sellers in Quebec.
All merchant cash advances are issued by Square Canada, Inc. Offer eligibility is not guaranteed. If approved, Square will purchase your future receivables at a discount. All merchant cash advances are subject to approval. Terms and conditions apply.
