Key Takeaways
- E-2 car dealership owners with documented vehicle sales and service revenue qualify for Bankable funding
- Used inventory, service department equipment, and lot expansion are all eligible uses
- Korean, Indian, and Turkish E-2 investors own independent and franchise auto dealerships
- The March 2026 SBA rule change bars non-citizen dealer owners — Bankable provides the alternative
- Funding from $300K to $5M with 48-hour preliminary decisions
Automobile dealerships represent one of the highest-investment E-2 visa categories, with franchise dealerships requiring $1M–10M+ in capitalization and independent used car lots requiring $300K–1M in initial inventory and facility investment. Korean-American investors own independent used car dealerships across California, Texas, and the Southeast. Indian investors have acquired franchise dealerships in suburban markets. Turkish entrepreneurs operate used vehicle remarketing businesses with clear international market connections.
Dealership revenue is exceptionally well-documented: every vehicle sale generates a deal jacket with financing documentation, every service ticket creates a revenue record, and every F&I product sold appears in your DMS (dealer management system) with complete transaction detail. Bankable’s underwriters work with Reynolds & Reynolds, CDK Global, and DealerSocket DMS exports directly to evaluate dealership revenue without requiring manual documentation preparation from the dealer.
Dealership Capital Uses
- Used vehicle inventory: Funding additional used car inventory for your lot
- Service department equipment: Lifts, diagnostic tools, and service bay upgrades
- Digital retail platform: Online inventory management and digital finance tools
- Detail center: Adding reconditioning and detailing capability to improve vehicle margins
- Lot expansion: Additional display space for higher inventory turn
Inventory Financing
Fund used vehicle inventory expansion based on your sales revenue history.
Apply Now →Equipment Financing
Fund service department equipment with asset-backed terms and faster approval.
Learn More →Working Capital Line
Revolving access for operational costs between inventory purchase and sale cycles.
Learn More →Frequently Asked Questions
Yes. E-2 dealership owners with documented vehicle sales and service revenue qualify for Bankable funding. No green card required.
Independent used car dealerships, franchise dealerships, vehicle remarketing companies, and specialty vehicle dealers with documented revenue.
We accept DMS exports from Reynolds & Reynolds, CDK Global, or DealerSocket, plus bank statements showing deal funding and service payment deposits.
Yes. Used vehicle inventory financing based on your historical sales velocity and revenue is a standard Bankable use case.
Most Bankable dealership clients have $1M+ in annual revenue. Independent lots with lower volume but strong margin documentation may qualify at lower revenue levels.
Yes. Lifts, diagnostic equipment, and service tools qualify for asset-backed equipment financing.
Yes. International and specialty vehicle dealers with documented US sales qualify on the same basis as domestic makes.
Yes. Second lot or dealership acquisition based on your existing location’s revenue is an eligible use.