Square Loans Originates $1.1B in Funding in Q1

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blockBlock is not slowing down its small business lending division. Square Loans originated $1.1B across 113,000 loans in the first quarter of 2023, keeping it on pace to continue remaining the largest small business lender that deBanked publishes data on. The company said that loss rates remained consistent with historical ranges and that strong revenue and gross profit were achieved.

Last modified: May 5, 2023

Category: Business Lending

Home Business Lending › Square Loans Originates $1.1B in Funding in Q1


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