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05-28-2014, 02:12 PM
Square's New Business Strategy: Lend Money To Small Businesses
http://rack.2.mshcdn.com/media/ZgkyMDE0LzA1LzI4LzRiL2Zvb2R0cnVja3MyLjFmMzhjLmpwZw pwCXRodW1iCTU3NXgzMjMjCmUJanBn/c553ff7c/211/food-trucks-2.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Square%27s+New+Business+Strategy%3A+Lend+Mone y+To+Small+Businesses&src=http%3A%2F%2Fmashable.com%2F2014%2F05%2F28%2Fs quare-capital%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F05 %2F28%2Fsquare-capital%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Square (http://mashable.com/category/square/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) is doubling down on small business
The San Francisco-based mobile payments company — which relies primarily on small business clients for its own revenue — an**unced Square Capital on Wednesday, a new cash-advance program for funneling money into small businesses in need of a loan
See also: Inside Square's Massive New San Francisco Headquarters (http://mashable.com/2013/10/11/square-headquarters/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
Square won't require small businesses to actually apply for a cash advance. Instead, it will approach companies that use its Square tech**logy to process payments with cash advance offers. Each offer will be unique, says Square's Product Engineering Lead Gokul Rajaram, and Square will base the proposed capital amount and expected return on each company's sales data that Square has access to Read more... (http://mashable.com/2014/05/28/square-capital/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Small Business (http://mashable.com/small-business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Square (http://mashable.com/category/square/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Square Capital (http://mashable.com/category/square-capital/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/5c1hNFiF5b4
http://rack.2.mshcdn.com/media/ZgkyMDE0LzA1LzI4LzRiL2Zvb2R0cnVja3MyLjFmMzhjLmpwZw pwCXRodW1iCTU3NXgzMjMjCmUJanBn/c553ff7c/211/food-trucks-2.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Square%27s+New+Business+Strategy%3A+Lend+Mone y+To+Small+Businesses&src=http%3A%2F%2Fmashable.com%2F2014%2F05%2F28%2Fs quare-capital%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F05 %2F28%2Fsquare-capital%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Square (http://mashable.com/category/square/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) is doubling down on small business
The San Francisco-based mobile payments company — which relies primarily on small business clients for its own revenue — an**unced Square Capital on Wednesday, a new cash-advance program for funneling money into small businesses in need of a loan
See also: Inside Square's Massive New San Francisco Headquarters (http://mashable.com/2013/10/11/square-headquarters/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
Square won't require small businesses to actually apply for a cash advance. Instead, it will approach companies that use its Square tech**logy to process payments with cash advance offers. Each offer will be unique, says Square's Product Engineering Lead Gokul Rajaram, and Square will base the proposed capital amount and expected return on each company's sales data that Square has access to Read more... (http://mashable.com/2014/05/28/square-capital/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Small Business (http://mashable.com/small-business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Square (http://mashable.com/category/square/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Square Capital (http://mashable.com/category/square-capital/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/5c1hNFiF5b4