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Will I be approved for Square Capital?

I’ve been using Square since November and I’ve processed 81k since then. They offered me $12k and I asked for $4500. I’m still waiting to be approved but are my chances good? I’m anxious.

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Square Community Moderator

Hey there @LexiT1519

 

Welcome to the Community! 

 

Great question - there are different aspects on your account that our Capital team looks into before offering another loan. 

 

You can reach out to them directly, if you want to get more information. 

Use this link to get your Customer Code - http://squ.re/contact/

 

(Tip: after clicking the link above, hit More > I Don't See My Issue. There, our phone number will generate along with your customer code).

 

 

Kassi
Community Moderator, Square
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Hey! I already received an offer, I was wondering about approval. If it sounded like I had a good chance.

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Square Community Moderator

@LexiT1519 -

 

If you're account is in good standing, I would say you have a good chance. I am not part of the Capital Team, so I can only speculate. 

Kassi
Community Moderator, Square
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Is processing typically quick? It’s only day two, but we’re doing renovations so I was hoping for funding by the end of the week.

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Square Community Moderator

@LexiT1519

 

It is a case by case basis, so I wouldn't be able to say exactly. Our Capital Team would be able to shed some more light on that. 

Kassi
Community Moderator, Square
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