Key Takeaways
- First location revenue funds second location expansion through Bankable
- Bankable evaluates the proven business model, not the founder's immigration status
- Restaurant, retail, gym, and service businesses all qualify for expansion funding
- 48-hour decisions based on existing location revenue history
Opening a second business location is one of the clearest signals that your business model works. Unit economics proven. Customer demand established. Operational systems documented. For F-1 OPT founders, the second location is also a strategic milestone — more revenue, more business history, stronger evidence of extraordinary achievement for O-1 or EB-1A immigration petitions.
Traditional lenders would use your first location's revenue to justify the second location loan — but then decline because of your visa status. Bankable makes the same logical connection without the immigration screen: your first location's proven revenue is the foundation for second location capital.
Second Location Capital Structure
| Capital Category | Typical Amount | Bankable Product |
|---|---|---|
| Leasehold improvements | $50K-$300K | Term advance |
| Equipment and fixtures | $25K-$150K | Equipment financing |
| Pre-opening inventory | $10K-$50K | Working capital |
| First 3 months operating capital | $20K-$75K | Working capital line |
Frequently Asked Questions
Yes. Since March 2026, all SBA loans require 100% US citizen or national ownership. Bankable is non-SBA — F-1 OPT founders qualify based entirely on business revenue.
No. Bankable funds US-registered business entities based on revenue. Immigration status is not evaluated.
Your business entity continues operating and servicing funding. The loan is with the business, not the individual. Immigration changes do not affect the business's funding obligations.
We analyze your first location's revenue history — monthly sales, trends, and seasonal patterns — to determine how much capital the second location can be supported by. Strong first-location performance unlocks larger second-location funding.
Any business with a brick-and-mortar or service-area second location: restaurants, retail stores, gyms, salons, healthcare practices, tutoring centers, cleaning companies, and more.
Typically 75-150% of your first location's monthly revenue. A restaurant doing $100K/month typically qualifies for $100K-$250K for second location buildout and working capital.
No. Leasehold businesses (renting their space) qualify. Bankable evaluates the business revenue and operations, not real estate ownership.
Yes. Multi-location expansion is evaluated on cumulative revenue across existing locations. Funding capacity grows with each revenue-generating unit.