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Payment company Square is set to offer interest-free business loans to customers in Australia


Payment company Square is set to offer interest-free business loans to customers in Australia
Jack Derwin
Jack Dorsey s payment company Square is bringing interest-free business loans to Australia. (Burhaan Kinu, Hindustan Times via Getty Images)
Square is bringing interest-free business loans to Australia in the coming months.
The loans can be issued to customers with a Square terminal, with card sales determining repayments and loan size.
Instead of incurring interest, borrowers will pay a one-off fee./strong>
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Square revealed on Wednesday it would begin offering business loans in Australia in the coming months, making it the first market outside of the US to have them. ....

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