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We appreciate your fascination with Square Capital. If perhaps you were recently declined for a financial loan through Square Capital, the next information might help you better comprehend the credit review procedure.

Why ended up being I declined after getting an offer?

Once you submit an application for that loan through Square Capital, the job passes through underwriting and verification procedures to ascertain whether your online business qualifies when it comes to loan you asked for. The particular reasons your application was declined are available in the e-mail notice you received from Square Capital.

We comprehend being declined for the loan through Square Capital could be disappointing, and we’d want to do our better to increase transparency behind this procedure.

How do I be qualified?

Square Capital can be an invitation-only program for eligible Square merchants. You are eligible to apply for a loan if you received a loan offer in your Square Dashboard. (more…)