Loan and Deposit Status
Upon approval, funds are deposited into your Square-linked bank account as soon as the next business day.
You can then monitor your repayment progress, view daily Capital payments, or make a partial or full payment in the Capital tab of your online Square Dashboard.
Make a Payment
If you wish to make a full or partial payment towards your Capital plan, you may do so at any time through your Square Dashboard. Check out Paying Back Your Loan Early to find out more.
Cancel Plan
If you decide that you want to cancel your Capital plan, you’re able do so if:
-
Your loan request is still under review or
-
Within two business days after your funds have been deposited.
How do I cancel my loan request while it is processing?
To cancel your loan request, please reach us directly.
Can I cancel my loan after funds have been deposited?
If you want to cancel your Capital plan after funds have been deposited, you’re able to do so within two business days after your funds have been deposited. If you choose to cancel your loan, please note that any funds that have been extended will be debited back from your bank account.
You’ll be unable to cancel your loan after this two business day timeframe. However, you can make a prepayment through your dashboard. Please note, at this point you’ll be responsible for the entire loan amount, including the fixed fee.
Download Agreement
If you have a Capital plan, you are able to download and view your Loan Agreement through the Capital tab on your Square Dashboard.
- Go to the Capital tab.
- On the left, if you have a multi-location or prior plans, select which one you’d like to view.
- Once selected, on the right side of your Dashboard, click Actions.
- Scroll down and click Download Agreement.
A PDF of your Square Capital Loan Agreement will open in a new tab within your internet browser.