Square Cash Advance
A revenue-based advance offered directly to Square card-payment merchants, sized against actual Square sales and payment frequency rather than a credit application. Repayment is a percentage of ongoing card sales, not a fixed schedule, and there's no personal guarantee requirement. Only available to businesses already processing card payments through Square, and offers are invitation-based rather than something every applicant can request on demand.
Quick verdict
- Product: Merchant cash advance (revenue-based).
- Ticket band: Not published; offer size is data-driven per merchant.
- Pricing: A single funding cost, not an interest rate; disclosed per offer.
- Square Cash Advance says it uses a soft search at quote stage, which other lenders cannot see on your credit file.
At a glance
Square Cash Advance, at a glance
- Legal entity
- Block, Inc. (Square is a Block brand)
- Product
- Merchant cash advance (revenue-based)
- Ticket range
- Not published; offer size is data-driven per merchant
- Decision time
- Days once an offer is made
- Ltd-only
- No, the lender also accepts other structures
Where Square Cash Advance is strong
- No personal guarantee and no credit-score-based decision; underwriting runs off real Square sales data.
- Repayment scales with card sales, so it eases off automatically in a slower trading period.
- Sits alongside Square Loans (a traditional term option) for merchants who want a fixed-repayment alternative instead.
Watch-outs, and when another lender may suit better
- Offers are data-driven and invitation-based rather than open application, so eligibility isn't fully in the applicant's control.
- Only available to businesses processing card payments through Square, not a general-purpose lender.
- No published rate card; the funding cost is disclosed only once an offer is generated.
Best fit applicants
- Existing Square card-payment merchants wanting revenue-based funding against their own sales data
Where Square Cash Advance is the wrong fit
- Businesses not already processing payments through Square
- Applicants wanting a guaranteed, on-demand application rather than an invitation-based offer
If declined by Square Cash Advance
If your application to Square Cash Advance is declined, ask the lender for the reason in writing. Some alternatives are named in the watch-outs section above. See also our guide to why lenders decline, by reason.
Other lenders we list
- 365 Business Finance, Merchant cash advance (revenue-based finance)
- Aldermore, Asset finance, invoice finance, commercial mortgages
- Allica Bank, SME term loan, asset finance + commercial mortgage
- Bizcap, Specialist post-decline / fast cash
How we rate Square Cash Advance
This review is FundBiz's own editorial assessment, scored against a published framework. See our methodology for how we rate each lender.
FAQ
What can I borrow through Square Cash Advance?
Square Cash Advance offers merchant cash advance (revenue-based). Ticket range: Not published; offer size is data-driven per merchant. Typical rate: A single funding cost, not an interest rate; disclosed per offer.
How long does Square Cash Advance take to decide?
Days once an offer is made Square Cash Advance says checking eligibility uses a soft search, so it does not affect your credit score.
Who is Square Cash Advance the best fit for?
First on the list: Existing Square card-payment merchants wanting revenue-based funding against their own sales data. The full list is under Best fit applicants above.
When might another lender suit better than Square Cash Advance?
First on the list: Businesses not already processing payments through Square. The other cases are under Where Square Cash Advance is the wrong fit above.
Send an enquiry
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Send an enquiry →Official site: Square Cash Advance
Last updated: . By Adam Parker. FundBiz is owned and operated by Best Business Loans Ltd, directed by Oliver Mackman.