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May 28, 2014 02:00 pm GMT

Square Begins Offering Data Driven Cash Advances To Small Businesses

Chelseapage2Today, payment processing company Square is announcing its first big additional vertical based on its enormous amount of business data. That offering is called Square Capital, and it enables the company to offer cash advances to businesses in its network. Square Capital has been being piloted for several months, in which Square says it has issued ‘tens of millions’ incash advances… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/23GdZUgXn4I/

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