Want to open another location? Bring in a new line of inventory? Jazz up your marketing? All great ideas — but they take money. And unfortunately, traditional financing options can be time consuming and involve lots of red tape. That’s why we offer Square Loans — a simple and affordable way for businesses like yours to get access to financing.
Since the official launch of Square Loans in May 2014, we’ve extended more than $225 million in financing to Square sellers across the country. In fact, we’re now advancing more than $1 million each day.
Every day, we hear wonderful stories about how sellers are using Square Capital to help expand their businesses. Below are a few recent success stories.
- Mr. Tod’s Pie Factory (pictured above) created branded bags to deliver their popular pies.
- Handbag designer Peter Gryson used Square Loans to pull his business through when a strike halted his inventory shipments.
- Entrepreneur Michael de Zayas’ Square Loans advance helps him continue to innovate at his five Brooklyn businesses.
- HubBub Coffee owner Drew Crockett made custom coffee cups to help with brand recognition.
- Juxtapose owners Lindsay and Kallie Wesley opened a second retail store.
- Zero Friends doubled their inventory and sales.
How have you used your Square Loans advance? We’d love to hear your story. Let us know on Twitter and we could feature you on this blog.