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Is Square still offering capital loans?

I have my $10000 loan paid off 99% and have not been offered another loan yet. Didn't know if they have stopped offers with the Virus going on.

Message 81 of 151
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Re: Is Square still offering capital loans?

@edwardsgroupnc 

At a time when vast numbers of Square sellers/ Capital loan recipients even though still producing revenue & algorithm eligible Square in a deceitful post fessed up to what sellers were left to be suspicious of for weeks.

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Message 82 of 151
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Re: Is Square still offering capital loans?

It is really such a bummer. We are really just hoping that the program will be back up and running soon for those who are still going strong during the pandemic! Good luck to you!

Message 83 of 151
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Has anyone at all been offered another Capital loan lately?

Has anyone been told by an agent that square is currently not offering new capital loans to anyone? 

Message 84 of 151
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Re: Has anyone at all been offered another Capital loan lately?

@Mike22fs 

If you look at the replys to this thread I have posted @Regina_B  response that was posted regarding FINAL UPFRONT confirmation that Square Did stop their Original Capital Loan Program. I highlighted the actual black & white verbage that says they are not offering Capital at this time.

Message 85 of 151
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looks like there are no loans at this time

looks like there are no loans at this time

Message 86 of 151
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square capital

Is square still offering capital loans?

Message 87 of 151
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So no new loan ?

No new loans. I am all payed up, But no new loans? I am doing very good, But what is going on?

Message 88 of 151
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Re: So no new loan ?

@jim90909 

Square is no longer offering a capital loan product. They are only doing SBA PPP loans ( at a lower amount than what you are  truly eligible for ) and Deferment Of Auto withdrawals for loan repayment.

 

 

Message 89 of 151
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Re: So no new loan ?

What does that auto deferment mean?

Message 90 of 151
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