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We are currently at 61 % what's about the average percentage of when a new loan might be offered. My store is in need of jew inventory and getting Bill's caught up after 2 up and down months. We are struggling to keep a float with what we are making without new inventory
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I would highly recommend not relying on square capital. I have successfully paid off 2 square loans...still no loan offer. My last loan was paid off mid-August. It is frustrating and sadly there is nothing you can do about it. If you contact square you will get the same generic robotic answer. My business does process more than what they expect in a year as a square capital requirement. Which really makes me question if processing helps you get a loan offer. s