Hi there,
Each Capital offer is different, and completion of a previous offer doesn't guarantee that you will receive another, as eligibility depends on various factors.
Here are some of the key eligibility factors for a loan through Square Capital:
- Processing volume: In general, businesses that have processed at least $10,000 or more in a year.
- History with Square: Your history with Square is used to spot trends and understand how you might grow in the future.
- Activity: The number and frequency of payments processed through your account.
- Customer diversity: Mix of new and returning customers as an indication that your business is growing in different ways. A healthy, growing business.
We're not able to discuss your specific eligibility within the Seller Community, so you'll want to reach out to the Capital team directly.
I'll pass your inquiry over to the Capital team and let them know you're looking for an update as well.
