Does keeping a balance on the Square Card impact Capital eligibility?

[shannazzz]

I'm just wondering if we keep a balance on our square card if we wont get a capital loan offered to us?  

[Regina_B · Accepted solution]

Hey @shannazzz! A balance on your Square Card will not affect your eligibility for a loan through Square Capital 🙂

[DaoDeJing]

Although keeping a balance in your Square account doesn't affect Capital eligibility, keep in mind the money is not seen by your bank.

This may make it harder to get business loans, credit cards, and other services from your bank, since as far as they're concerned your revenue appears to be less than it truly is.

[PourCoffee]

I agree with this statement.  It does impact the balance showing in your bank account, your bank account balance will not accurately reflect your revenue.  This can be a major problem if looking for other capital.