Square and Homegrown Partner to Finance Main Street Expansion

Square and Homegrown launched a pilot program to provide expansion capital through flexible financing for Square sellers with two or more locations seeking to open another site. The partnership could support multi-location retail growth and improve access to funding for small businesses. The news is positive for Square’s ecosystem, but the immediate market impact is likely limited.

Analysis

Square and Homegrown launched a pilot program to provide expansion capital through flexible financing for Square sellers with two or more locations seeking to open another site. The partnership could support multi-location retail growth and improve access to funding for small businesses. The news is positive for Square’s ecosystem, but the immediate market impact is likely limited.