- April 11, 2016 at 1:24 pm #43480
I have been using square for years. Have gotten 3 capital advances. I want to do another and have run into trouble. They say that it is all computer generated and that the people are not part of the process. I have a project that I really need the funds to complete. If I switch to PayPal how fast can I do the cash advance and are you people generated decisions or computer?
I have just gotten the paypal account set up
I am working on the pos, but I really would like to know what time frame Im looking at. Can you use my history with square to help determind anything?
Thank youApril 19, 2016 at 3:31 pm #44049
You would need to be a PayPal merchant for at least 3 months with $20,000 in sales in order to be considered for a PayPal Working Capital advance. I believe their approval system is automated, just like Square Capital’s. For additional funding ideas, check out our article Working Capital Loans: 8 Best Options.