Key Takeaways
- Bankable's revenue-based funding can be used for equipment purchases, with no green card required
- Equipment financing through Bankable does not require collateral pledges or equipment liens
- Traditional equipment lenders (banks, equipment finance companies) often require permanent residency
- Funding covers all equipment types: restaurant, trucking, medical, manufacturing, retail, and more
- 48-hour decision; funds available within 72 hours — faster than most equipment finance approvals
The Equipment Financing Challenge for E-2 Holders
Equipment is the physical foundation of most E-2 businesses. A restaurant needs commercial kitchen equipment. A trucking operator needs vehicles. A medical practice needs imaging and diagnostic devices. A manufacturer needs production machinery. These are not optional investments — they are the operational prerequisites for generating the revenue your E-2 visa requires.
Traditional equipment financing — offered by banks, equipment leasing companies, and equipment finance arms of manufacturers — typically requires permanent residency or US citizenship. This creates an immediate barrier for E-2 holders who need to purchase or replace equipment to maintain or grow their business.
Bankable's revenue-based funding resolves this by providing capital that can be used for equipment acquisition as part of a flexible tranche deployment — no green card, no equipment lien, no permanent residency requirement.
How Bankable Funds Equipment for E-2 Businesses
Bankable's funding is not a dedicated equipment loan or lease — it is revenue-based working capital that you can apply toward equipment purchases, along with any other business need. This gives you several advantages over traditional equipment financing:
No equipment lien: Traditional equipment loans or leases place a lien on the equipment itself — the lender takes back the equipment if you default. Bankable's revenue-based funding does not place liens on your equipment. You own the equipment outright from the moment of purchase.
No down payment requirement: Many equipment finance companies require a 10-20% down payment. Bankable funds 100% of your capital need, including equipment cost, without a required down payment.
No citizenship requirement: Standard for Bankable. Your visa type is not a factor in equipment funding eligibility.
Faster funding: Equipment finance approvals typically take 5-15 business days even for simple transactions. Bankable funds in 48-72 hours total from application to account.
Equipment Types We Finance for E-2 Businesses
The following are common equipment categories funded through Bankable tranches for E-2 business owners:
- Restaurant and food service: Commercial ranges, ovens, refrigeration units, dishwashers, fryers, POS systems, food prep stations, walk-in coolers
- Trucking and transportation: Semi-trucks, refrigerated trailers, box trucks, cargo vans, GPS and ELD systems, lift gates, logistics software
- Medical and dental: Dental chairs, X-ray machines, ultrasound equipment, EMR systems, autoclave sterilizers, patient monitoring devices
- Manufacturing: CNC machines, lathes, presses, injection molding equipment, conveyor systems, quality control instruments
- Retail and e-commerce: Point-of-sale systems, shelving and fixtures, warehouse racking, packing equipment, forklifts
- Fitness and wellness: Exercise machines, cardio equipment, locker room fixtures, HVAC systems, audio/visual systems
- Construction: Backhoes, forklifts, concrete mixers, scaffolding, power tools, survey equipment
- Technology and IT: Servers, networking equipment, workstations, security systems, AV equipment
Traditional Equipment Financing vs. Bankable
| Factor | Traditional Equipment Finance | Bankable Revenue-Based |
|---|---|---|
| E-2 visa eligible | Rarely (citizenship often required) | Yes — standard eligibility |
| Equipment lien | Yes — lender holds security interest | No — you own equipment outright |
| Down payment | Typically 10-20% | None required |
| Decision timeline | 5-15 business days | 48 hours |
| Repayment | Fixed monthly installment | % of monthly revenue |
| Can cover other needs too? | No — equipment only | Yes — flexible deployment |
| Maximum amount | Varies by equipment value | Up to $5M |
Structuring Equipment Funding Through Bankable
When you apply for Bankable funding that includes an equipment purchase, our team will discuss your deployment plan as part of the term sheet conversation. Equipment purchases are treated as a tranche deployment milestone — meaning your funding is released in the amount needed for the equipment acquisition, and subsequent tranches (for working capital, marketing, staffing) are planned around the equipment deployment.
This is particularly useful for E-2 businesses expanding into a second location or opening a new facility — you need equipment, working capital, and staffing capital at roughly the same time, and Bankable's tranche structure accommodates all three.
Combining Bankable with Equipment Leasing
In some cases, leasing equipment makes more operational sense than purchasing — particularly for high-depreciation technology equipment or specialized medical devices where you want to upgrade frequently. Some equipment lessors are more flexible than banks on citizenship requirements, especially for large national equipment lessors (Crest Capital, TimePayment, etc.) that have non-citizen programs.
If you lease equipment, Bankable funding can then be fully directed to working capital, marketing, hiring, and other operational needs. This combination of equipment lease plus Bankable working capital is a common structure for E-2 businesses with significant equipment needs.
Speak with our team about your specific equipment and capital structure — we can help you evaluate the lease vs. purchase decision in the context of your Bankable funding.
Frequently Asked Questions
Yes. Bankable's revenue-based funding can be used for equipment purchases without requiring a green card, equipment lien, or down payment. Traditional equipment lenders often require permanent residency — Bankable does not.
No. Bankable's revenue-based funding does not place a security interest or lien on equipment. You own the equipment outright from the date of purchase.
Bankable issues decisions within 48 hours and funds within 72 hours of approval. This is significantly faster than traditional equipment finance approvals, which typically take 5-15 business days.
Bankable's revenue-based funding can be used for any legal business equipment — restaurant kitchen equipment, trucks, medical devices, manufacturing machinery, retail fixtures, technology, and more.
No. Bankable funds 100% of your capital need, including equipment cost, without requiring a down payment.
Yes. Trucking equipment — semi-trucks, trailers, box trucks — can be purchased using Bankable revenue-based funding with no green card requirement.
Bankable funds up to $5,000,000 in total tranches. Single equipment purchases within this range can be financed as a tranche deployment milestone.
It depends on the equipment type, depreciation rate, and your capital allocation. For high-depreciation tech or medical equipment, leasing may make sense and some national lessors have non-citizen programs. For stable equipment, purchasing through Bankable avoids ongoing lease obligations.
Yes. Bankable's tranche structure can fund equipment as one deployment and working capital as another, planned sequentially. You can address multiple capital needs through a single Bankable funding relationship.
No — quite the opposite. Properly funded equipment enables your business to generate the non-marginal revenue that E-2 visa compliance requires. Well-capitalized operations strengthen your visa compliance posture, not weaken it.