One flat fee, no interest
You agree a single fixed cost up front and that is the whole cost. No APR that moves, no compounding, no arrangement fee bolted on at signing.
Money
Funding that moves
Funding that moves
with your takings.
Square Loans is built on the sales already running through your till — no business plan, no separate application to a bank that has never seen your numbers.
How it works
Repayment flexes with trade
A fixed percentage of your daily card takings goes to the balance. A quiet Tuesday costs you less than a busy Saturday, which is the opposite of a fixed monthly loan repayment.
Offers come from your own sales
Eligibility is assessed on the takings already going through Square. There is no separate credit application to assemble and no waiting on an underwriter who has never seen the business.
It arrives fast
Approved funds typically land in the Square balance the next business day, not in six weeks.
What people use it for
- A second site, or taking on the unit next door.
- Kitchen equipment that has finally given up mid-service.
- Stock ahead of a season you know is coming.
- A refit that has been put off for two years.
- Bridging a slow quarter without a fixed monthly repayment.
Worth being straight about
Funding against takings is not the cheapest money available. A secured bank loan will usually beat it on headline cost if you qualify and can wait.
What it buys you is speed, no security over your home, and repayments that fall when trade does. Whether that trade is worth it depends on what you are funding — and we will tell you honestly when we think it is not.
Square Loans is provided by Square and is subject to eligibility and approval. Amounts, fees and terms are set by Square, not by us, and are confirmed in your offer. This page is general information, not financial advice.
Getting paid starts here.
Work out what your current setup costs, or skip straight to a quote. Either way a named person calls you back within one working day.