This topic contains 6 replies, has 4 voices, and was last updated by Paul Brown 2 days, 14 hours ago.
- April 6, 2016 at 11:36 pm #43300
My current loan only has 300 left to pay back but I tall need the money now. Do I need to pay the 300 first or can I just add money to that one? Thank youApril 11, 2016 at 5:17 pm #43520
I currently have a square capital funding loan. I still owe $1584.18 on it. The tourists season just started up again this weekend and sales have greatly increased. I am interested in getting another loan. Do I need to pay this one off first? Am I eligible for more money this time? My business relies on tourism and our season just kicked off this weekend so sales have already increased.
Thank you!April 19, 2016 at 3:27 pm #44048
Hello Elizabeth and Tammy,
Square decides which merchants are eligible to receive additional funding. Usually, they will automatically notify you via email and in your Square dashboard if you’re eligible. However, if you urgently need the money and/or have questions, you can contact Square to see if they will approve you for a second advance. Some customers get second advances after they’ve made significant progress in paying off the first advance.
PriyankaJanuary 27, 2017 at 2:26 am #68128
I would like to get a second square loan if possible . Thank you .February 1, 2017 at 2:07 pm #68834
If you contact Square they will be able to let you know whether you are eligible for additional funding.
Hope that helps!
JasonFebruary 7, 2017 at 8:26 pm #69991
As an alternative to Square Capital, it may be worth looking into their competitors. You can read our full review of those short term lenders.February 16, 2017 at 6:35 pm #71521
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