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Complete Guide to Square Loans: Rates, Terms, Repayment & Renewals

    Erica Seppala
  • 6 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Erica Seppala

Erica Seppala

Expert Analyst & Reviewer at Merchant Maverick
An expert in accounting, finance, and point of sale, Erica has been researching and writing about all things small-business since 2018. Erica's insights into personal and business finance have been cited in numerous publications, including MSN, Real Simple, and Reader's Digest. She is a graduate of Limestone College.
Erica Seppala
View Erica Seppala's professional experience on LinkedIn.
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6 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Charles

    Might as well be dealing with the mob with your rates!

      This comment refers to an earlier version of this post and may be outdated.

      Carmen

      Can you get a square capital loan for your business if you are personally under a bankruptcy

        This comment refers to an earlier version of this post and may be outdated.

        Jessica Dinsmore

        Hi Carmen,

        Unfortunately we aren’t too sure about that so we’d suggest posting your question on the Square Seller Community. They should be able to give you an accurate answer there. Best of luck!

          This comment refers to an earlier version of this post and may be outdated.

          Jim Thomas

          I used my personal cards on my square account …
          I didn’t know this was not
          Alloweed?!
          Learned my lesson!
          Will square capital review and reconsider?
          I follow rules always / but used my cards for purchases in my business for my kids items needed
          Of course they don’t understand that!
          Said I was cash advancing!
          Has anyone else had this happen? And if so do they forgive?
          Currently I’m at 99% /// offer came
          In at 77% — turned
          Me down for cash advance
          Thank you

            This comment refers to an earlier version of this post and may be outdated.

            Jayce Higgins

            Came across this comment. Have you had any luck ? I had a friend do this same thing but I didn’t hear if anything came of it!

              This comment refers to an earlier version of this post and may be outdated.

              Kristy Palomino

              I did this and square cancelled my account

                This comment refers to an earlier version of this post and may be outdated.

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              Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

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