Square Loans vs Fora Financial

Two loans & credit tools side by side. Prices are the starting plan a small business would pick, in USD.

Compare	Square LoansBlock	Fora FinancialFora Financial
In one line	Advances for Square sellers, repaid from card sales	Short-term loans with published factor rates and fees
Starting price	Flat fee, no interest	Factor rates from 1.13
Six-person team	Flat fee, no interest	Factor rates from 1.13
Plans	One flat fee per loan, no interest; a fixed share of daily card sales repays it	Loans and revenue advances up to $1.5M over 4-18 months; factor rates 1.13-1.50 (early payoff can cut to 1.05); origination fee from 2.5% plus a wire fee; daily or weekly payments
Pricing model	Paid	Paid
Free trial	—	—
Users	n/a	n/a
Integrations	Square only	Soft credit check to apply
Team size	Just me · 2–10 people · 11–50 people	2–10 people · 11–50 people
Available in	US · UK · CA · AU	US
Phone support	Plans not stated (US)	Plans not stated (US)
Live chat	Plans not stated	None listed
Support hours	Not published	Not published
Incidents posted	14 incidents posted on Block's status page, which covers all Block products and regions, in the 90 days to Oct 27, 2026; 0 marked major or critical by Block. Status page	Fora Financial has a public status page. Status page
Trustpilot score	Not listed	4.7 / 5 from 1,122 reviews
Fit: Retail shop	90	72
Fit: Restaurant or café	85	75
Fit: Service business	70	65
Fit: Agency or studio	20	50
Fit: Trades or contractor	50	70
Fit: Online store	40	60
Why people pick it	Offers appear automatically No fixed monthly payment	Published factor-rate range and fees Early payoff discount, no prepayment penalty
Where it falls short	Must sell through Square Minimum repayment every 60 days	Short terms make the cost high Its pages list different minimums
	Visit Square Loans ↗	Visit Fora Financial ↗

Six-person prices are what a team of six would pay on the published plans; "Not listed" means those plans don't cover six. How we calculate prices