All Posts Tagged Tag: ‘Square Capital’

Square Partners With Victory Park Capital To Front Businesses More Money

Square announced on Tuesday that it is working with Victory Park Capital to extend hundreds of millions of dolalrs to independent businesses as part of its Square Capital program. Square began testing the cash advance program early this year before formally launching it in May. Square Capital enables businesses to sell a specific amount of their future card sales to …

Read More

Square Capital (Square’s Cash Advance Program) Gets Formal Launch

Earlier this year, Square began testing Square Capital, a cash advance program for business owners. On Wednesday, the company formally launched it. There’s no application process with Square Capital, and businesses get their money the next business day, according to Square. Businesses pay the company as a set percentage of their daily card sales, so they pay more back when …

Read More

Square Tests ‘Square Capital’ Cash Advance Program

Last week, a report from The Information said Square was testing a product to give merchants “thousands of dollars” in capital to help them grow, and that it was considering another round of funding that would delay an IPO. This week, Fox Business reported that “people with knowledge of Square’s finances” say that the company is not ready to go …

Read More