Square Capital: Expanding Financial Access

For eligible Square sellers, Square Capital offers exclusive access to small business loans to grow your business. Whether it’s payments or funding, Square is your trusted financial partner every step of the way.

See how Andy used Capital to expand his electrician business in Cincinnati, Ohio; how Courtney grew her salon and beauty line in NYC, New York; what Jenn did for her mobile flower business in Sandpoint, Idaho; and how Lucia in Bushwick, NYC, took her community darkroom from a closet to a complex.

For more information on Square Capital, visit https://squareup.com/capital

TRANSCRIPTION:

JACKIE: We hear about success stories all the time and they kind of tear at your heartstrings. There are so many stories that you hear of people living the total American dream.

COURTNEY: Having my own business has set my soul on fire. It’s made me realize that I can achieve anything that I want to do; it doesn’t matter where you came from.

LUCIA: I graduated from art school in 2009. I couldn’t really find a job and I just wanted to work in the darkroom.

JENN: When I lost my job, I had this vision that I would have a mobile flower truck. When I realized that this was something I was really passionate about everything started happening really quickly.

ANDY: If you’ve ever been a business and you’ve gone to look for funding, you have to fill out hundreds of pieces of paper, and all of the typical loan documents.

COURTNEY: I did try to get a loan the traditional way by going to the bank, but they required so much of what I didn’t have, being a new business. It just made it really dif ficult to get that financial help. That’s when I was introduced to Square Capital.

JACK: What sets Square apart is that we have a deep relationship and understanding with our sellers and we ask the questions ‘Can we be more proactive? Can we help a seller buy a new salon chair, or hire a new employee?’ That lead us to an answer of Square Capital.

JENN: About a year ago, I was running some reports on Square and just had a little window pop up…

LUCIA: So I got this email from Square, announcing this new program, Square Capital…

JENN: That mentioned something about Square Capital and I was like, ‘Hm, what’s this?’

COURTNEY: What is this? This is nice.

LUCIA: What? You’re basically offering me money at a fixed rate?

ANDY: You click on Capital in your dashboard…

JENN: They said, ‘Here is the amount that we approve you for,’ and the money was in my account 24 hours later. That was it. It was easy as that.

LUCIA: It was kind of magic.

JACK: We’ve been working with business of every type, of every size. The beauty of Square and Square Capital together is that we’re helping to empower a business that’s been underserved by the financial industry.

LUCIA: The process of growing from a closet in a basement to a complex has been really incredible and having the Square Capital funding has made such a huge difference.

JENN: As soon as I got the funds, I decided to freshen up the truck a little bit. It’s just nice to give her a little spa day.

ANDY: We’ve taken three loans through Square Capital. We’ve tripled our workforce and tripled our fleet size.

COURTNEY: I’m now on my second loan and that has allowed me to expand my brand.

JACKIE: I think what’s interesting about Square Capital is you really can see how we serve an underserved population. We make it incredibly easy so that these small businesses can grow.

ANDY: And we thank you for your business.

JENN: Fresh Sunshine has really taken on a life of its own. For the first time in a long time, I feel like I’m exactly where I need to be.

ANDY: As a business owner, it fills me with a lot of pride to provide for my family.

LUCIA: This was a dream, and now it’s reality.