Hi guys, Curious if anyone has had experience with square loans lately. This is my down season. My current 8k loan has been paid down to 90% in less than 4mths. I usually get an offer by now but am getting nervous it might not happen. Last year the November loan I was offered helped me get through the winter. I noticed my sales are down from last November, maybe that’s why? I know it’s random and they say it’s a computer system that reviews every 7-10 days. Just wondering if there is anything I can do to potentially help my situation or if someone has been in a similar circumstance and was still offered one?

  • Low_Average_138@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    Merchant Cash Advances are trash. Pay it off and never take out another one. Every time someone swipes their card, you are being robbed of your precious cash flow. If you need funds that bad, there are better ways than MCA’s