Hey there @Ctalley1970. Having a linked bank account is probably not the issue here. You see, for the past 12-18 months, new Square Loan offers have been coming much later than they used to. Also, many sellers have noted here that they completely pay off loans and then wait for a few weeks/months before receiving new offers.
This is more a function of the current lending market, than anything. Every lender is being cautious/conservative, especially when it comes to merchant cash advances, which is what Square is more or less. You stated that you have been trying to grow, but have been behind a little since July. Unfortunately, since card sales volume is the biggest driver of loan offers, if yours is flat or down, that usually causes loan offers to slow down. Square, like all lenders, doesn’t want to be on the hook by making offers that we can’t handle — at least according to our sales volume.
I wish you well.
