Capital loan: Is there both a daily % fee on the capital loan as well as a % fee per transaction?

[Just4you95]

Is there both a daily % fee on the capital loan as well as a % fee per transaction? 

[Regina_B · Accepted solution]

Hi @Just4you95! Thank you for your post! For a Square Capital loan, your hold rate percentage is taken out of your daily card sales. So, the hold rate is applied only if you process transactions. You pay more towards your loan when your business is strong and less if it slows down. I hope this answers your question. Let me know if I can help with anything else 🙂