15 hours ago
Square and Homegrown Partner to Deliver $24M Expansion Capital for Multi-Location Sellers
BusinessBusiness LoansExpansion CapitalHomegrownMulti-Location SellersRevenue-Based FinancingSmall Business FinancingsquareSquare Banking
TLDR: Square and Homegrown launch a $24M pilot program offering up to $1M for eligible multi-location sellers. Repayments flex between 1% and 6% of monthly revenue, reducing cash flow pressure for expanding operators. The financing is non-dilutive with no personal guarantees, protecting sellers’ ownership and financial standing. Qualifying sellers include restaurants, coffee shops, fitness studios, [...]
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