Key Takeaways
- Bankable funds up to $5 million for asylee-owned businesses
- Typical advance: 1-2x your monthly revenue
- A business with $100K/month revenue may qualify for $100K-$200K
- No green card required — revenue determines the amount
- CDFIs max at $250K; equipment financing varies by asset value
The most common funding question from asylee entrepreneurs is simply: how much can I get? The answer depends on which source you're using and, for Bankable, primarily on your monthly revenue.
Bankable Funding Amounts by Revenue Level
| Monthly Revenue | Typical Advance Range | Max Possible |
|---|---|---|
| $10,000-$25,000 | $10,000-$50,000 | $50,000 |
| $25,000-$50,000 | $25,000-$100,000 | $100,000 |
| $50,000-$100,000 | $50,000-$200,000 | $200,000 |
| $100,000-$250,000 | $100,000-$500,000 | $500,000 |
| $250,000-$500,000 | $250,000-$1,000,000 | $1,500,000 |
| $500,000+ | $500,000-$2,500,000 | $5,000,000 |
What Determines Your Specific Amount
Within the range, the specific advance is determined by: revenue consistency (stable revenue qualifies for the higher end of the range), growth trend (growing businesses qualify for more), industry risk (lower-risk industries qualify for more), and operating history (longer history qualifies for more).
Maximum Amounts by Funding Type
- Bankable revenue-based funding: Up to $5,000,000
- CDFI microloans: Typically $5,000-$250,000 (some CDFIs go to $500,000)
- Equipment financing: Up to the equipment's value (no ceiling for high-value equipment)
- Invoice factoring: Up to the face value of outstanding invoices
- Private lenders: Varies widely; $100,000-$10,000,000+ for real estate-backed deals
Frequently Asked Questions
From Bankable, up to $5 million. The typical advance is 1-2x your monthly business revenue. From CDFIs, up to $250,000. From equipment financing, up to the equipment's value.
Bankable advances 1-2x your monthly revenue, depending on revenue stability, growth, and industry. A business with $50,000/month in revenue typically qualifies for $50,000-$100,000.
In some cases, especially for strong, growing businesses with long operating history, Bankable may advance up to 3x monthly revenue. This is evaluated case-by-case.
Bankable's minimum advance is $10,000. For smaller amounts, consider Kiva US (up to $15,000 interest-free) or local CDFI microloans.
Bankable typically has one outstanding advance per business. Once you've repaid a portion, you may be eligible for an additional advance.
For equipment financing, the maximum is tied to equipment value. For revenue-based funding, collateral is not a factor — revenue is the only determining factor.
Yes, if your business generates $500,000+/month in revenue and has at least 12 months of operating history, a $1M+ advance may be available.
$5,000,000. For businesses requiring more than $5M, Bankable can refer you to institutional private credit lenders.