Has Anyone received Square Loan offer in 2022?

[TheMercantile]

Has anyone received a square loan offer in 2022? For some reason it says I’m ineligible, however I was just offered 100k in Nov. I turned it down because the payback rate was 17% so that means with a good Dec, they would’ve taken $51,000 of my profits in just 1 month. I did a thumbs down on the offer because of that. Does rating the offer poorly take me out of receiving offers? 

[Nchairsalon]

hello jus wondering if anyone has any info on this 

[ianssoph]

I had an offer within 48 hours of being under review

[Nchairsalon]

nice! maybe im next! fi ngers crossed

[Nchairsalon]

im at 77 % waiting on my 4th over. any recent offers?

[Koleen1234]

No I was actually wondering the same thing. Usually I am offered a new loan when I am almost done with existing loan. I have not received anything. Waiting though 

[Nchairsalon]

hello! have you received an offer yet

[Nchairsalon]

i received an offer lasst night at 86%

[Groomerlyfe]

 I am at 84% and haven’t been offered anything yet. This is my 4th loan and usually I get a offer around 75%. I actually need it this time and they are taking their time. 

[Nchairsalon]

any offers yert

[dgermanshepherd]

I'm at 82% and nothing... Wonder if the payment reporting glitch has something to do with the lack of offers? I check all their boxes for eligibility and no offer

[Nchairsalon]

my account is under review and my transfers suspended. 

[ianssoph]

Did they ever offer you another loan?

[Nchairsalon]

I'm at 81% and no offer yet. hoping to get one soon I was under  review  2 weeks ago. I always get loans right after I hit 75 and they have been pretty steady coming. Wonder what's up or If it's the new norm. I usually always have anxiety when I'm reaching a certain percentage  hoping for a loan and always get one 

[Nchairsalon]

how much do stats master. I was great the past months and wasn't offered anything and now I tool a few breaks and some of my stats  "need work" was this used before  and just didn't see it. I feel frustrated  I should know it's coming but I dunno I'm at 81%

[Nancy__]

Hi @Nchairsalon 

Thanks for posting on the Seller Community👋.

We have contacted you directly in regards to your account.

Feel free to reach out to us directly if you have any additional questions!

[Jalisco20]

Hello could someone please review my account for a possible loan.

[Sammie_C]

Hi @Jalisco20!

Hope you are having a great day!

Accounts are automatically reviewed daily to determine eligibility. Offers are based on many factors, including, but not limited to, your current payment processing volume, your customer mix, and your Square account history.

Please be aware that aspects of your processing history, such as failed debits, chargeback history, and changes to your processing behavior may impact potential future offers.

We recently added a new eligibility page that you can navigate to by going to the Loans tab on your Square Dashboard.

Let us know if you have any other questions!

[Nchairsalon]

update.  i received an offer last night! so happy i was at 86% how long does the approval take

[Candlestore]

Congratulations!!

When I was approved for a loan in October it took 2 days for the funds to be in my account.  If I remember correctly I accepted it on a Saturday and had the $$ on Monday.  

[Nchairsalon]

thank  you! i was getting so anxious because it took longer for an offer this time. but im so happy i got one!. god bless!

[Nchairsalon]

have you received an offer yet