capital interest

[H2T]

Wondering why after paying your previous loans before the anticipated mature date, the next capital offer is almost double the interest. Ive has an offer for quite awhile, but it’s less than the prior loans and the interest is almost double. It’s nit because of credit or previous loan repayments. Those were paid off way sooner than the minimum monthly requirements.

[H2T]

^ dang auto correct🙄

[Regina_B]

Hi @H2T,Thank you for your post!  Each Square Capital offer is unique and is evaluated separately. If your offer is different than a previous offer, it is likely due to a change in your processing activity. Also, just to clarify, payments are set as a fixed percentage of your business’s card sales, but the percentage of sales is not an interest rate. The total cost of the loan is simply the fixed fee that you see presented with your offer.