Michellevo

Michellevo · ‎Mar-25-2020

When you log into your Working Capital account, there is a yellow COVID notice at the top. Click on the to apply for them to stop taking automatic payments for 30 days. I think 30 days is the max right now. I hope and pray things get better for you. It's a tough time, indeed

Michellevo · ‎Mar-25-2020

Sorry this is happening. Log into your working capital account and there should be a COVID 19 statement at the top. Click on it and you can apply for them to stop taking automatic payments for 30 days.

Michellevo · ‎Feb-27-2020

I'm not sure if you were asking me but in case you were yes I did get approved for a new one.

Michellevo · ‎Feb-27-2020

That is actually good news that you received that message. That usually means that if you just keep things up for 5 days straight you will get approved.

Michellevo · ‎Feb-19-2020

And they aren't giving you any specific reason?

Michellevo · ‎Feb-19-2020

That is so frustrating. You deserve a much clearer answer. Especially since you've grown so much. I hope you get approved soon

Michellevo · ‎Feb-19-2020

Update...I was approved today for a new loan for 11k. Oddly, I called PayPal today and they said that since my last payment was made thru my bank on the 13th, I'd have to wait 10 business days. I was encouraged from reading these posts that it's usually actually 10 calendar days. I was pleasantly surprised to see it cone thru in less than 10 calendar days. Didn't expect that at all. Very happy right now.

Michellevo · ‎Feb-19-2020

Fingers crossed for you. I was approved tonight.

Michellevo · ‎Feb-19-2020

I was approved today, thankfully. Manual payments are ok as long as you pay at least 80% of your loan with normal sales. Fingers crossed and hope and pray you get approved very soon. I know it can nerve wracking.

Michellevo · ‎Feb-18-2020

Hi VAHoops, Just wondering if you ever got approved?

Michellevo · ‎Feb-18-2020

Hi @mccrillis2, Did you ever get approved for a loan?

Michellevo · ‎Feb-16-2020

Yeah, my last payment was from my bank account. I've had 4 loans so far and sales are up and consistent, but it never seems to be a guarantee and I always get a little nervous before applying. Fingers crossed and praying it goes through!

Michellevo · ‎Feb-16-2020

Oh gosh, thank you SO much for replying. And congrats on your loan! This makes me feel a lot better. Looks like 10 days is the new norm for reapplying

Michellevo · ‎Feb-16-2020

@ bjp1 were you ever able to get another loan? I just paid mine off in full on Feb 13th. Usually, I'm clear to reapply within 24 hours. Well, today is the 16th and still no offer so far. Sounds like many people are now having to wait 10 days if final loan payment was made via bank account. Curious to know if and when you finally got approved?

Michellevo · ‎Feb-16-2020

@jny1 Did you ever get approved?

Michellevo · ‎Feb-15-2020

Did you get the offer email that says "good news. You're all paid off"? Or did you just notice that it said "paid" on the dashboard?

Michellevo · ‎Feb-15-2020

So it looks like you had to wait 10 days, but not actual business days, correct? I paid my loan off 2 days ago and really thought I'd get my offer email by now. Monday is a federal holiday so that day won't count. But if it's not actual business days, then that's good news. Just wanted to confirm that you had to wait 10 days, not business days, right?

Michellevo · ‎Feb-13-2020

@RonnieG I did do a manual pay off. 😞 But I've done manual pay offs in the past and always get approved. As long as it isn't at least 80% of your loan was paid through sales, it should be ok. At least I hope. Yikes. I had a total amount of 8900, I paid the last % 1000 or so manually

Michellevo · ‎Feb-13-2020

@jusbeazy were you ever approved? I just paid my loan off and am waiting for the final pay off email. I do similar work as you. I'm in audio production and voiceover. I've had 3 or 4 successful loans. Anxiously awaiting that pay off email

Michellevo · ‎Feb-13-2020

@Tami64 What kind of business do you have? Have you had any recent returns?

Michellevo · ‎Feb-07-2020

Yay!! I'm so happy for you!! Finally!! I am a small business and get between 10 and 16 transactions a month, equaling around $1800 to $3500 a month. I always get approved but I'm always nervous. I'm getting ready to reapply in about a week. Stomach is in knots over it. I don't do selling but I'm an audio producer and narrator so I thankfully never have refunds. Fingers crossed! But I'm glad you finally got approved. I know you've been trying for awhile now. That's great news

Michellevo · ‎Feb-02-2020

Fingers crossed for you! Hope you get approved! There seems to be no way to predict anything.

Michellevo · ‎Feb-02-2020

How consistent are your sales? Do you have several transactions per month? Consistency is a big determining factor.

Michellevo · ‎Jan-28-2020

Nope. Just a business that receives regular PayPal payments

Michellevo · ‎Jan-24-2020

@jusbeazy Did you ever get approved?

Michellevo · ‎Jan-15-2020

What industry do you work in? There are certain industries that are too risky for a lot of loans.

Michellevo · ‎Jan-15-2020

Is it giving you a denial code? Have you tried calling customer service?

Michellevo · ‎Jul-08-2019

I'm not the original poster, but I wanted to chime in. From all of the research I have done it seems that if you have had any kind of an error on your account, even if it gets corrected sometimes you can get denied for a bit. By error I mean maybe you accidentally went into the negative one month or any kind of issue with credit card processing, any small little thing that seemed insignificant seems to set off something in the system. The odd thing is I have pretty consistent sales however I had a few very low months myself and I've been approved every time for pretty high amounts. I've had a few months were I only made like $500. And then most of my months I make between 2 and 3000. But I still got approved. Everyone who writes about an issue eventually finds out that they had some problem with a transaction maybe even months ago and it takes time to get out of the system. That's just my guess based on reading probably hundreds of threads. Keep trying. It eventually will approve you. You might even notice that you get a different error code. But eventually it just approves you

Michellevo · ‎Apr-04-2019

Wow! Did this ever get resolved??

Michellevo · ‎Apr-04-2019

I'm able to see mine. That's odd. Maybe try a different browser?

Michellevo

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