Square Loans One Year In

Square Loans One Year In
Today marks the first anniversary of our small business financing program, Square Loans.
by Square May 28, 2015 — 1 min read
Square Loans One Year In

Today marks the first anniversary of our small business financing program, Square Loans. Over the past twelve months, we’ve extended more than $100 million to more than 20,000 independent sellers of all sizes, removing the hurdles small businesses typically face when they seek financing. Once a Square Capital offer is approved, it’s transferred into your account as fast as the next day. It’s simple, fast, easy, flexible, and headache-free.

The program is going so well that Square Loans’s first investor, Victory Park Capital, just tripled its original investment. And with participation from investors like Colchis Capital, we’ll be able to advance hundreds of millions of dollars to small businesses this year.

Like all our products, the goal of Square Loans is to help independent businesses grow their sales. So to commemorate the first anniversary of the Square Loans program, we thought we’d highlight some sellers who are using their money to do just that:

 

Congrats to all past, present, (and future!) Square Capital recipients. We hope the next year is your best yet.

Square
The Bottom Line is brought to you by a global team of collaborators who believe that anyone should be able to participate and thrive in the economy.

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