Is it possible to be eligible for more than one sq...

daboling85 · ‎09-01-2017

If I accepted an awesome square capital loan and buissness has been doing great, is it possible to have more than one square capital loan the numbers are there to pay it back not only on time but very early so has there ever been more than one to one person at a time? Even if its half of what the first loan is.

Katecraig2002 · ‎09-01-2017

I'm wondering the same thing. Can I borrow again if I'm only 29% paid off on my current loan? I have some new equipment I'm trying to purchase and I need a little bit more. I'm not able to find where I can apply for it like I was before. I have the machine on hold and I wanted to order it before the holiday weekend.

Chad · ‎09-04-2017

Hello @Katecraig2002 and @daboling85, this is a great question!

So Square Capital does offer renewals sometimes, but usually you need to be at least 70% paid on your current loan. If you're eligible for an early renewal you will receive an offer in your dashboard!

Keep an eye out! 👀

Is it possible to be eligible for more than one square capital loan at one time