Actually, on these types of loans, generally not.<p>For example: <a href="https:&#x2F;&#x2F;squareup.com&#x2F;capital" rel="nofollow">https:&#x2F;&#x2F;squareup.com&#x2F;capital</a><p>I don&#x27;t really get how they arrive at their numbers but on first glance it looks insane. On the $10k loan with the $1,300 fee. If you had daily sales of $1,000 you&#x27;d pay the loan off in 100 days making the APR somewhere around 50%.<p>They are frequently fee-based, not rate based. And are frequently less than a year with the rate being highlighted, not the APR.