How does Square Capital empower underserved entrepreneurs?

Square Capital empowers underserved entrepreneurs by providing accessible funding to those traditionally overlooked by the banking system. Their data shows 54% of loans go to women (compared to just 18% nationally) and 37% to underrepresented minorities. Additionally, 80% of funding supports businesses outside the 25 most populous American cities. Through technology, Square Capital helps entrepreneurs like Courtney Foster, who was denied traditional bank loans but used Square Capital to expand her single-chair salon and launch her own hair care line. The platform creates economic opportunity by removing intimidating banking processes, focusing on business performance data rather than personal factors, enabling small business owners to not just survive but thrive.