Side-by-side comparison of funding range, qualification requirements, speed, and documentation. All competitor facts cited from Square Loans's publicly stated requirements as of May 2026.
| Criteria | Toast Funding | Square Loans |
|---|---|---|
| Funding range / Maximum | Up to $5,000,000 | $250,000 (eligibility-based) |
| Minimum monthly revenue | $10,000/mo | Square processing volume required (no public minimum) |
| Minimum credit score | FICO 500+ | Soft pull only |
| Minimum time in business | 6 months | Several months on Square |
| Speed to funding | 24 hours | 1-3 business days |
| Documentation required | 3 months bank statements | Square processing data only |
| Collateral required | Not required | Repayment via percentage of Square sales |
| Products offered | Working Capital, LOC, Equipment, Term Loans, Revenue-Based, SBA | Square business loan (only) |
Square Loans (Square Capital) offers working capital loans to businesses processing payments through Square.
Important constraint: Business must already process payments via Square.
Source: https://squareup.com/us/en/loans
5-minute application. Soft credit pull (no impact). Decision in hours, funded in 4.
Apply Now →Comparison facts about Square Loans are sourced from https://squareup.com/us/en/loans and other publicly available materials as of May 2026. Information may have changed since publication. Square Loans is a registered trademark of its respective owner; this page is an independent comparison and is not affiliated with or endorsed by Square Loans. Loan terms, rates, and approval criteria for Toast Funding vary by application and underwriting; see /apply/ for live qualification.