Key Takeaways
- Asylee professionals — lawyers, engineers, MBAs — launch consulting firms at high rates
- No green card required — revenue and US entity are what matter
- Fund staffing, software, marketing, and office costs
- 48-hour funding decisions
- SBA ban on asylees bypassed through private revenue-based funding
When a Venezuelan economist can't practice as a licensed economist in the US, he builds a consulting firm. When an Afghan policy adviser who worked with NATO can't find a US government role immediately, she builds a consulting practice. When a Turkish attorney who can't sit the bar bar yet advises businesses on international trade, she builds consulting revenue. Consulting is one of the most natural pathways for highly educated asylees — it requires expertise, not credentials that need re-certification.
Bankable funds consulting businesses that have revenue. Whether you do management consulting, HR consulting, IT consulting, language consulting, or policy advisory work, if you have clients and invoices, you qualify.
Types of Consulting We Fund
- Management and strategy consulting
- IT and technology consulting
- HR and organizational consulting
- Language, translation, and interpretation services
- International trade and export consulting
- Marketing and communications consulting
- Environmental and engineering consulting
- Grant writing and nonprofit consulting
Common Capital Needs for Consulting Firms
Consulting firms have lower capital intensity than product businesses, but they still face cash flow challenges. The most common: invoice float (you do the work in January, the client pays Net 60 in March), hiring lag (you win a new contract and need to hire before the revenue arrives), and marketing investment (building a website, attending industry conferences, running LinkedIn ads). Bankable's working capital bridges all of these gaps.
Minimum: $10,000/month in consulting revenue, 6 months operating, US entity, EAD.
Frequently Asked Questions
Yes. Asylee consultants with work authorization (EAD), a US business entity (LLC or S-Corp), and at least $10,000/month in consulting revenue qualify for Bankable funding.
Yes. Hiring staff or contractors is one of the most common uses. Bankable does not restrict how you use the capital.
Large corporate clients often pay on Net 30-90 terms, which creates cash flow gaps. Bankable's working capital is ideal for bridging the time between invoice and payment.
No. Consulting does not require a license in most fields. What matters is that your business has revenue from legitimate consulting services.
We look at your business bank statements showing client payments. Invoices, contracts, and PayPal/Stripe records can supplement bank statements.
Yes. Solo consultants with $10K+/month in revenue qualify. Many of our clients are one-person consulting firms.
Up to $5M. For consulting firms, the typical advance is 1-2x monthly revenue. A firm billing $50K/month may qualify for $50K-$100K.
Yes. Capital for expanding into adjacent service areas — new industries, new geographies, new service lines — is a valid use of Bankable funding.