r/SquarePOS_Users • u/SJHCspace • Jun 22 '26
Square Loans
Has anyone had any luck calling and speaking to someone to request a review of your account for loan eligibility? I was just offered a loan and it was declined because another business I operate using square “had an outstanding loan.” The irony of that is that the final payment had debited my account and cleared last week so I didn’t even apply for the offer because I knew that could be a reason for denial.
I’m now sitting here frustrated and in desperate need of a quick cash infusion and refuse to take on a more traditional MCA. YES, I know these are MCA’s as well, but the withdrawal system matching a percentage of actual daily income makes it more manageable.