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?
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.
315 Madison Avenue, 24th Floor
New York, NY 10017
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.