Key Takeaways
- DACA entrepreneurs operate independent used car dealerships and auto sales operations across the US
- Bankable funds vehicle inventory, floor planning, and working capital with no citizenship requirement
- Used car dealership revenue from vehicle sales and F&I products qualifies for Bankable funding
- SBA dealer loans now closed to DACA owners — Bankable fills the gap with 48-hour decisions
- Your monthly vehicle sales and lot inventory are your bankability — no green card needed
DACA entrepreneurs have built successful Car Dealership businesses across the United States. With valid Employment Authorization Documents and Social Security Numbers, they run operations, employ American workers, and pay taxes — yet face systematic exclusion from the capital markets that fund their competitors. Bankable exists to correct that.
What Car Dealership Businesses Fund With Capital
- Vehicle inventory: Floor plan financing for used car lot inventory
- Working capital: Reconditioning costs, detailing, and minor repairs before retail sale
- Dealer license: State dealer licensing fees and required surety bonds
- Lot improvements: Signage, lighting, security cameras, and office buildout
- Marketing: AutoTrader, Cars.com, Facebook Marketplace, and local advertising
- F&I products: Working capital for in-house financing operations
The SBA Gap and the Bankable Solution
The SBA's March 2026 citizen-only rule eliminated the most affordable small business lending program for DACA owners. Bankable's revenue-based tranche funding fills this gap: no citizenship required, no green card needed, 48-hour decisions. Your car dealership revenue is your qualification. Learn more about SBA alternatives for DACA business owners.
Funding Requirements
| Factor | Bankable Standard |
|---|---|
| Immigration | DACA with EAD + SSN — no green card required |
| License | State dealer license and surety bond required |
| Revenue | $30,000+ monthly from vehicle sales |
| Business Age | 12 months of dealership operations |
| Funding Range | $50K to $5M based on lot size and sales volume |
Check your eligibility at bankablefunds.com/bankability-score — a 5-minute process with no commitment and no citizenship questions.
Frequently Asked Questions
Yes. DACA status with a valid EAD and SSN qualifies for Bankable funding. No citizenship or green card is required. Your car dealership revenue is the primary qualification factor.
EAD card, SSN, 3 months of business bank statements, business license, and a voided business check. No green card or citizenship documentation required.
Yes. The SBA's March 2026 rule now requires all SBA loan borrowers to be US citizens or nationals, locking out DACA recipients. Bankable's revenue-based funding is the direct alternative with no citizenship requirement.
Bankable issues decisions within 48 hours of a complete application. Funding typically arrives 3–7 business days after approval.
Bankable funds up to $5M through our tranche system. Actual amounts depend on your monthly revenue and business profile.
Yes — your EAD must be current at the time of application. DACA's renewal cycle does not disqualify you — we understand the administrative process.
Yes. A revolving business line of credit is available for established businesses with consistent monthly revenue. Draw, repay, and redraw as your business cycle requires.
Revenue-based funding carries a higher rate than SBA loans. For DACA owners who cannot access the SBA program, the comparison is between Bankable's rates and no access at all. We price transparently based on your full profile.
Yes. Staffing expansion is a covered use case. Adding employees directly increases your revenue capacity and is one of the most common uses of Bankable capital.
We accept 3 months of business bank statements, POS reports, QuickBooks exports, and industry-specific revenue documentation. We look for consistent monthly revenue over your operating history.