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How do I use my square capital loan

I think I got approved for the loan, but I dont see it being available to use...how do I transfer it to my square card or bank account? Thank you

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Admin

Hey there! Thanks for reaching out. While I cannot talk specifically to your account on a public forum (you will need to contact Capital Support for that), I can say that any capital loan will be in your balance and deposited to your linked bank account via standard business day transfers. You cannot instantly deposit your Capital loan or use it in your Square balance. 

 

Depending on your transfer schedule and when the Capital loan was placed in your balance, you will likely see the loan in your bank account today (if you got it yesterday before 6pm), or Monday, given the weekend is coming up. 

 

Let me know if you have any other questions. 🙂

AshleyK
Community Moderator, Square
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