Square expands into small business loans
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  1. #1
    Great news though. I think this is some what of a ice breaker media wise allowing merchants to be open minded to quick cash at higher rates. Eventually Squares merchants will want demand higher loan amounts and then people like us will come and lead them to the right direction. They are sweeping the path to our success. Market Hard.

  2. #2
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    Quote Originally Posted by LoanShark714 View Post
    Great news though. I think this is some what of a ice breaker media wise allowing merchants to be open minded to quick cash at higher rates. Eventually Squares merchants will want demand higher loan amounts and then people like us will come and lead them to the right direction. They are sweeping the path to our success. Market Hard.

    The service comes at a cost: Merchants will pay a premium ranging from 10% to 14% on top of the advance
    Since when are you offering 1.10's to 1.14's?

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