Capital sized to your sales — no paperwork pile.
Square Loans offers working capital underwritten on your actual processing volume. Repaid automatically as a fixed % of each day's sales — slow week means a smaller payment.
Best for
Built for these operators
- Restaurants buying equipment or building out a second location
- Retail boutiques funding a seasonal inventory buy
- Service businesses bridging a slow month or expanding staff
- Operators who've been turned down by traditional small-business lenders
What it does
Capabilities that matter on day one
Underwritten on your Square sales
No tax returns, no bank statements, no business plan. Square already sees your processing volume — that's the underwriting basis.
Pre-qualified offers in your dashboard
If you qualify, an offer appears in your Square dashboard with the loan amount, fee, and repayment % already calculated. Click to accept.
Repaid automatically — % of daily sales
A fixed percentage of each day's card sales is deducted automatically until the loan + fee is repaid. Slow days mean smaller payments; busy days repay faster.
Fixed total cost — no compounding
The fee is a fixed dollar amount disclosed up-front. There's no APR that grows with time, no late fees, no hidden charges.
Funds same-day to Square Checking
Accept a loan and the funds land in your Square Checking account same-day (or 1–2 business days to an external bank).
Re-qualify as you grow
Pay down a loan and Square typically presents a new (often larger) offer. Operators use Square Loans for repeat seasonal capital cycles.
How SugarPay deploys it
From signed contract to working configuration
- 01
Confirm offer in your dashboard
We help you check whether you have an active Square Loan offer; if not, we identify what processing volume / history is missing.
- 02
Review terms
Loan amount, fixed fee, repayment % of daily sales, expected payback timeframe. Walk through what the cashflow looks like at your AOV.
- 03
Accept + funding
Acceptance is in-dashboard; funds land in Square Checking same-day or external bank in 1–2 days.
- 04
Use of funds + reporting
We help you size the loan to a specific use (equipment, inventory, build-out) and track the ROI separately so you know if the borrow paid off.
Pricing
Fixed fee disclosed at offer time · automatic repayment from daily sales
Square Loans are issued by Square Financial Services, Inc., or its lending partners. The total dollar cost is fixed at the time of acceptance; there is no APR. Loan availability, sizing, and pricing depend on your processing history and are determined by Square — SugarPay does not make underwriting decisions.
SugarPay does not mark up Square's software pricing. See the disclaimers for our reseller compensation disclosure.
Pairs especially well with
The cross-sell math is real
Industries using Loans
See the playbook for your business
More in Money & Capital
Continue the tour
Capital that scales with you.
Tell us your processing volume and what you'd use the loan for — we'll help you size and time it.
See if you qualify →