Key Takeaways
- No — Bankable does not require a green card, citizenship, or permanent residency for any funding product
- DACA status with a valid EAD and SSN is accepted for all Bankable funding products up to $5M
- This is not a loophole — Bankable's policy is explicitly designed to fund revenue-generating businesses regardless of immigration status
- Your business revenue is your credential at Bankable — not your immigration paperwork
- 48-hour decisions for DACA applicants — the same timeline as US citizen applicants
No. Bankable does not require a green card, permanent residency, or US citizenship for any of its funding products. This is not a temporary policy or a pilot program. It is a fundamental design decision: we believe that a business owner's ability to repay is determined by their business revenue, not their immigration status.
What Bankable Actually Requires
Bankable's requirements are focused entirely on your business:
- Valid Employment Authorization Document (EAD): Your DACA work authorization card, current and active
- Social Security Number (SSN): Used for identity verification and credit review
- Business bank statements: 3 months showing $15,000+ in monthly business revenue
- Business license: State or local business registration confirming legal operations
- Business age: 12 months of operating history
That is the complete list. No green card. No citizenship certificate. No I-551 or I-551 stamp. No permanent resident documentation of any kind.
Why Other Lenders Require Green Cards (And Why Bankable Does Not)
Traditional lenders require citizenship or permanent residency for one of two reasons: regulatory compliance (SBA rules now require it) or internal policy (lenders who have adopted citizenship requirements as a risk management tool). Bankable is not an SBA lender, so SBA rules do not apply. And our internal underwriting has always evaluated risk based on revenue performance — a metric that has zero correlation with citizenship status.
Bankable vs. Other Lenders on Immigration Requirements
| Lender Type | Green Card Required? | DACA Accepted? |
|---|---|---|
| SBA-approved lenders (post-2026) | Yes | No |
| Most major banks | Often yes | Rarely |
| Some CDFIs | No | Some |
| Bankable | No | Yes |
Frequently Asked Questions
No. Bankable has zero green card or permanent residency requirement. DACA status with a valid EAD and SSN is fully accepted for all funding products.
No. Bankable does not require US citizenship for any funding product. We fund based on business revenue, not immigration status.
Only your current EAD (Employment Authorization Document) and your SSN. No green card, no visa, no permanent resident card required.
Yes. Your EAD and SSN, combined with 3 months of business bank statements and a business license, are the core documentation requirements. No immigration documents beyond EAD are needed.
We verify your EAD is current. We do not investigate your immigration history, pending applications, or prior status. A current, valid EAD is the only immigration check we perform.
Bankable does not share customer information with immigration enforcement agencies. We collect only what is necessary for underwriting your business application.
We recommend applying with a currently valid EAD. If your renewal is pending and your current EAD has not yet expired, you may apply. Contact our team to discuss timing.
Yes. Bankable funds in all 50 states without citizenship or residency requirements. Your state of residence does not affect your eligibility.
Bankable's underwriting philosophy is revenue-based and has never included a citizenship requirement. We have no plans to change this approach.
Yes. Multi-owner businesses where one or more owners have DACA status are fundable. The business entity qualifies based on its revenue, and all owners are reviewed as part of the application.