my loan is just about paid off and normally I have another offer ? Are they offering them ? My business was doing okay so I took no Ppe loan or anything . I really look forwRd to the capital loans it’s amazing for my small business . I have the whole amount almost paid off in 6 months .
THERE IS NO ONE THAT YOU CAN SPEAK TO ABOUT IT. THAT IS ONE OF THE THINGS THAT KEPT ME USEING SQUARE I HAVE HAD RECORD SALES DURING THIS CRONA THING AND PAID OFF MY LAST LOAN LAST MONTH AND IT SAYS THAT IM NOT eligible WITCH I CAN'T BELIEVE I THINK THEY JUST DON'T HAVE THE MONEY TO LOAN ANY MORE WILL BE LOOKING FOR ANOTHER CARD CO I BELIEVE
@Hairgirlval good luck getting a decent answer. @RadioMcG has the best answer on this thread. Square has reduce their Capital Loans. BS I say! We've been consistant on sales and waiting for the loan to no avail. PPP is a SBA loan. Square doesn't want to deal with us right now. All mine says is, "NOT ELIGABLE AT THE MOMENT but keep checking (and swiping maybe you'll be eligable. Maybe.)
Ppp loans do not fit my company. My sales have increesed since the corona. And we paid off our capitol loan 4 months early. Still not able to qualify fir ppp. Because our employees are 1099. Wheres square to help there biggest supporters. Bring back square capitol ! When will this be avalibe again.
Aside from the PPP and other Post-Covid lending options that have seemed to sprout up in rapid succession, will Square be providing its more normalized capital loans program to its users? Has anyone gotten any offers since around March until now? I used to get offers pretty regularly (10 over the last 5 years) but only see "non qualified" and "explore lending options". For the record also, my business did not close during the shut down and we've had some record months in terms of sales, so there should not have been any dis-qualification based on revenue or our state of being open. Just curious. Thanks!
Can you please tell
me if you will starting square capital loans again anytime soon....or if you are ever going to start them up again? I have a loan offer from another company but don’t want to take it if there is a chance of getting another loan from you in soon. I applied for the SBA loan and was turned down....no idea why. Please let me know if you aren’t going to have the square capital loans anymore....thanks!