Services are OK, equipment works well. But as far as being a new business, if you are looking into a loan for product or equipment, forget about it. They say your eligibility is based off of custome... See more
Company replied
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See what reviewers are saying
Square Loans was a timely alternative that boosted our working capital at a time a boost was needed. Applying is seamless, yet thoroughly structured, leaving no question to how it works. The dashboard... See more
Very disappointed in Square after several years of loans with no issues. Left me in limbo for two weeks telling me they had everything they needed only to be denied because I hadn't given them the in... See more
Company replied
Square loans have helped our small business over the past 5 years! We are currently paying down our 4th loan at 72% patiently waiting for an offer for our next loan. They make you an offer, you accept... See more
Company replied
3.5
Average
1K reviews
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I think interest is to high
June 7, 2021
Reply from Square Loans
With a Square Loan, payments are a fixed percentage of your business’s daily card sales and will vary with the amount your business processes daily. This repayment percentage is not an interest rate. In fact, there are no ongoing interest charges for your loan. However, please feel free providing feedback on how we can improve: https://squareup.com/help/us/en/contact?panel=FAB456B04971
I really like Square Capital
I really like Square Capital. It is super easy to qualify and the repayment process is a breeze. I have used it multiple times and will in the future too.
June 7, 2021
These keep my cash flow on track.
June 7, 2021
It was a blessing to receive a business…
It was a blessing to receive a business loan when I did. It helped me a lot. I like the fact that it automatically gets paid off from my sales. I don’t have to worry about it.
June 7, 2021
Getting a loan through Square has…
Getting a loan through Square has helped my business greatly. During the Covid shutdowns, my business suffered a lot. When I was offered a loan through Square, I was hesitant, but needing repairs to my vehicle, which makes me money, it came at the right time. This was the easiest way to get some much needef cash. I am glad Itook the offer. It was fast and painless. My payments are taken out daily, paying it off was easy. Thanks Square!
June 7, 2021
Have been using square for over 10…
Have been using square for over 10 years. I have always received my money the next day and the square loans are a great way build and enhance your business!!!
June 7, 2021
Easy and quick and secure
June 7, 2021
Square Capital has been a tremendous…
Square Capital has been a tremendous resource to help grow my business!!
June 7, 2021
It was awesome and right in time
It was awesome and right in time. I would definitely use this opportunity again
June 7, 2021
You guys have always given us loans…
You guys have always given us loans that helped us grow and I truly am grateful for all you help and support in not only helping us grow. But keeping us alive during covit. Thank you for everything and I know we will be together and a customer for life!
June 7, 2021
Payment options are good
Payment options are good. Would just want access to a bit more capital for my business.
June 7, 2021
Reply from Square Loans
Thank you for providing your feedback. When determining your business’s customized offers, we consider a variety of factors including, but not limited to, your Square account history and your processing volume. We cannot predict if or when your business may receive a higher offer; however, if your business becomes eligible, you'll be notified directly on your Square Dashboard and via email.
Incredibly fast approval, easy repayment!
Somehow always available when I need it! With quick approval and incredibly easy, appropriate repayment terms, I’m well into my second loan and I couldn’t be more grateful to Square!
June 7, 2021
I love that the pmts are taking…
I love that the pmts are taking directly from my daily sales!!!!
June 7, 2021
Your loans are fine, but.....
Your loans are fine, but after covid, the amount offered went way down. You should've had someone contact me and ask me questions about my business before sending me such a small offer.
June 7, 2021
Reply from Square Loans
We greatly appreciate your feedback. Eligibility and offer sizing for a Square Loan is based on several factors related to your Square account, including payment processing volume and payment frequency. However, to account for local and state restrictions related to COVID-19, your offer may have been smaller than expected due to the evolving health guidelines at the time you received your offer.
Worked great for was I needed
Worked great for was I needed! Hopefully I'll be eligible again soon
June 7, 2021
Love the usefulness and convenience of square capital!
Square Capital was life-saver when I needed money for unexpected business expenses, especially during the pandemic! Paying it back automatically via credit card payments is convenient as well. Thank you!
June 7, 2021
This is a good way to get a loan for…
This is a good way to get a loan for business. Don't have to worry about a payment being late. We love this.
June 7, 2021
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