Hi @ATLemissions - I merged your post here, so you can read @VanKalkerFarms's response!

Ugh yet another generic response. Y'all really don't care do you? So sad this is how you treat a struggling small business.

Hi @ATLemissions - Sorry about your frustration. Since we don't have account specific information in the community, we really don't have further insight into Square Capital's process beyond what VanKalkerFarms' post says. The process Capital has in place reviews accounts daily. 

If you want to reach out directly to the Capital team, you should send them an email. The community isn't the appropriate venue to ask for account review since we don't have account specifics. Sorry about that!

also manually paying back your loan will set your possibility of another loan back, as each manual repayment resets the time before the algorithm looks at the account, 2 to 4 weeks.  this is due to funds coming from outside your normal business day to day operations and is a flag that money from other sources is being used to pay back the loan which is only intended to be paid back from your day to day operations.

Way to confirm my OP. Square does not care about small businesses like they claim. Life is not all about algorithms and numbers. 

If I hadn't shut down my business, why would I manually pay back the loan? If I am starting a new business that needs funding, WHY ON EARTH WOULD I HAVE SHUT DOWN THE PREVIOUS BUSINESS?! 

Sorry, VanKalkerFarms, but it appears that you didn't learn reading comprehension in primary school because you literally dissected my inquiry and responded to the parts you had "clever" answers to. I've said it before (and my post was removed)... I'll say it again: square doesn't care about the little guy, just their bottom line. Once again, you all will gain more by extending my loan but choose to play games and dodge legitimate inquiries. Maybe this time I should copy/paste this whole thread to Twitter and let the world know how fake y'all are... sounds fun! Good luck!!

you are correct that Square Capital is an algorithm based loan division, there isn't "Mr. Smith" in the loan department that you have to sit in front of at the bank and bring in all your previous 3 years worth of monthly income statements and pay stubs and income tax papers.  It is simply based on how much you do business over a set amount of time with a good history and new clients and returning clients and there isn't a credit check and many more variables.  Your situation is going to be a lot more complicated since you don't have business income coming in anymore on your original company that has a loan against it and is only being repaid manually. 

Square starts around 700 new Square capital loans totaling 4 million dollars every day to the millions of Square users.  hopefully, you will get one soon to meet your needs, but if you don't there are lots of good options at credit unions and even some banks and specialized credit services.  I was denied at 3 banks but then I got a 250k Revolving line of credit at my local farm credit service company with only 2% interest when I borrow against it, so it took some time and work to get it done but it paid off and I got a great loan that benefits my business and now my loan keeps growing as my business grows.

I would think that they would want to help us grow business because they make money off of us daily running credit cards..

Why would you sendcus elsewherevfor funding when we do business with you not others..

nearly 800 new loans are made every day now totaling almost 5.5 million dollars.