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I’m 78 percent paid off on my second loan with a substantial increase in sales since the last one it’s only taken me six months I do over 1000 in transactions a day with new business almost daily and I’ve yet to get an offer... last offer made at 75%... I’ve reached out and I get the generic response I’m frustrated I have an incredible opportunity need the funding and if I have to do it with someone else I don’t feel like I’m a Right fit to continue giving square my business.... I’m not saying I deserve special treatment but when I’m hitting the numbers I am and doing all of the things it says I need to be doing to be reconsidered and I’m not receiving an offer How else am I supposed to feel.
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there is no special magic percentage where you will automatically get a new loan offer. you could get one at 76%, 83%, 91%, or not be offered one at all while there is a loan outstanding.
I've had 6 previous loans, never got to 100% paid, until this loan. Now I'm paid off completely and no new offers.
Just keep processing. That's all you can do
Received offer yesterday!!!
That's great! Congratulations. Send some good vibes my way please.
what was your remaining balance on the old loan when you got your new one?
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Yea I have never hit 100% either. I always had it between 60% to 70%. Completly paid off now but none on dashboard yet, hoping one for this weekend though.
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