You don’t have to be a Square business to get a Square loan.
The company will start offering lending for the first time to businesses that don’t use its payment processing system, it announced Wednesday.
The expansion in lending services comes through a partnership with Upserve, the restaurant management system.
“We are proud to partner with Upserve and offer loans through Square Capital to even more small businesses who traditionally face barriers when seeking access to funds,” Jacqueline Reses, head of Square Capital, said in a statement. “Square and Upserve share a passion for empowering businesses to grow and achieve their goals, and a crucial component to success is access to capital.” Read more…
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