Key differences
- PayPal is usually faster to fund (about 1 day vs about 2 days).
- Regions: Square Loans covers US; PayPal covers US, UK, EU.
Side by side
| Square Loans | PayPal | |
|---|---|---|
| Product | Merchant loans | Working Capital |
| Funding type | Embedded & processor capital | Embedded & processor capital |
| Estimated rate as of today | Rates shown to approved members | Rates shown to approved members |
| Pricing source | Estimated as of today | Estimated as of today |
| Time to cash | About 2 days | About 1 day |
| Typical size | Up to about 15% of ARR | Up to about 15% of ARR |
| Term | 6–18 months | 6–18 months |
| Requirements | Existing revenue · Revenue collected through their platform | Existing revenue · Revenue collected through their platform |
| Regions | US | US · UK · EU |
| What they underwrite | Your platform sales | Your platform sales |
| Collateral | Future platform sales | Future platform sales |
| How you repay | % of sales | % of sales |
| Dilution | None | None |
Square Loans
Offered to Square sellers; repaid from card sales.
Square Loans vs PayPal FAQ
What is the difference between Square Loans and PayPal?
PayPal is usually faster to fund (about 1 day vs about 2 days). Regions: Square Loans covers US; PayPal covers US, UK, EU.
Which is faster, Square Loans or PayPal?
PayPal usually funds in about 1 day; Square Loans takes about 2 days.
Which is cheaper for you?
The answer depends on your amount, term and revenue. The calculator prices both on the same basis — fees, warrants and dilution included.
Related comparisons
Rates are estimates as of today, not a lender's quoted interest rate. Not an offer of credit, investment, legal or tax advice. B2B Agent may receive a referral fee when we introduce you to a provider; it never changes rankings or what we publish. Lenders: send your current terms so we can refresh the estimate, which also makes you eligible for the Transparent Pricing and Lowest Rate awards. Update your listing.