Square Loans reviews
We did not find a Trustpilot profile we could cite for Square Loans in October 2026. Here is what its public page and a NerdWallet review say, and what Square sellers ask most.
We did not find a Trustpilot profile we could cite for Square Loans. Check the company’s own site and the Better Business Bureau for current customer feedback.
Without a dedicated review profile to cite, the most useful information comes from Square’s own loans page and independent reviews such as NerdWallet’s. Check the Better Business Bureau as well.
| Square Loans | |
|---|---|
| How it works | Offers only to Square sellers |
| Minimum credit | No published score; based on Square sales history |
| Time in business | Based on time using Square |
| Revenue | About $10,000 annual Square sales (reported) |
| Amounts | Offers $100 to $500K (reported) |
| Speed | Not published |
| Products | Loans repaid by a fixed percentage of daily card sales |
| States | Not published |
Sources: Square Loans Square Loans, NerdWallet review; checked October 2026. Square Loans is a trademark of its owner; Merchant Fund Express is not affiliated.
The first question is who can get one. Square Loans are offered only to Square sellers, and eligibility is based on your Square sales history rather than a published credit score. You typically see an offer inside your Square dashboard if you qualify.
The second question is amount. Reported offers range from $100 to $500K, with roughly $10,000 in annual Square sales reported as a starting point. Your offer reflects how much you process through Square.
Repayment is the third. Square Loans are repaid by a fixed percentage of daily card sales, so on slow days you pay less and on busy days more. There is usually a minimum payment requirement over set periods; read the offer for it.
Owners ask about cost. Offers typically show a fixed fee rather than an interest rate. Divide that fee by the loan amount and consider how quickly your sales will repay it to understand the effective cost.
Owners who process most sales elsewhere ask whether Square Loans make sense. If Square handles a small share of revenue, offers will be smaller than your business might support.
Speed was not published on the page we checked.
Square Loans suit established Square sellers who want repayment tied to daily card sales and no separate application. Owners who process mostly outside Square, need more than their Square volume supports, or need to restructure an existing advance should compare a marketplace that reviews total bank deposits.
Good fit:
Compare first if:
One Merchant Fund Express application is matched with multiple funders, so you can set a Square Loans quote beside other written offers on net cash, total payback and payment schedule. Credit from 500, same-day decisions, funding typically the next business day.
We did not find one in October 2026; check NerdWallet and the BBB.
Only Square sellers, based on Square sales history.
By a fixed percentage of daily card sales.
Reported offers range from $100 to $500K.
About $10,000 in annual Square sales, as reported.
Yes. A Merchant Fund Express application reviews your total deposits across funders.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
