When does square offer new funding in Canada?

[lajolierobe]

Hi everyone. My business is located in Quebec Canada. I recently just finished l paying my 2nd Loan/funding from square. For a little history. My first one was 60k$ paid within a few months then my 2nd one i just finished was 180k$ and it took 9 months to pay and was paid on Dec 3. I noticed that after my first loan it took 7 business days to get a new offer and wondering if that's the norm? All my standings are Good and I've made more money this year than last year. I spoke to someone at square who told me that I should be getting an offer soon and that my metrics are great, but then the day after I spoke to someone else who said they can't confirm that I will get an offer.. just hoping for better news. I could really use another offer instead of asking a loan at the bank. Anyone have any insight. 

[RobynR · Accepted solution]

Hey @lajolierobe,

Thanks for reaching out to the Community!

Square accounts are regularly reviewed for eligibility, and there’s no need to contact us or provide additional information to become eligible for a funding offer. You can always check your Square Dashboard for updates on your current eligibility status.

Please note that funding offer details and timing may differ from any previous offers.

You can learn more about Square Funding FAQs here.

Let us know if you have further questions—we’re here to help!

[Megp]

Did you get an offer ? Im in the same boat