Key Takeaways
- Buying an existing business gives former H-2B workers an immediate customer base, cash flow, and operational infrastructure
- Bankable evaluates business acquisition funding based on the target business's revenue and cash flow
- SBA 2026 rule eliminated non-citizen buyers from SBA acquisition financing programs
- Private acquisition funding available up to $5M — no citizenship required
- 48-hour decisions for qualified acquisition applicants
Why Buying an Existing Business Makes Sense for Former H-2B Entrepreneurs
Building a business from zero takes years. Buying an existing business provides immediate revenue, an established customer base, proven operations, and employees who already know how to do the work. For former H-2B workers who have the operational expertise to run a business but may not want to spend two to three years building one from scratch, acquiring an existing business in their industry is an excellent path.
The most common acquisitions in the H-2B entrepreneur community: buying a small landscaping company from a retiring owner, purchasing a cleaning service with an established commercial account roster, acquiring a small restaurant from an owner who wants to exit, or buying a service business in the H-2B worker's trade specialty. Bankable evaluates acquisition funding based on the target business's performance — no citizenship required.
How Bankable Underwrites Business Acquisitions
We look at the target business's 12 months of bank statements to verify revenue, cash flow, and customer concentration. We also evaluate your operational background and industry expertise. A former H-2B landscaping worker who knows landscaping operations buying a landscaping company is a fundamentally different risk profile than an outside investor. That expertise premium matters in our underwriting.
Business Acquisition Funding
Partial funding for business purchases evaluated on target business revenue. Up to $5M.
Apply →Working Capital Post-Acquisition
Operating capital for the first 6 months after acquisition. Covers transition costs.
Apply →SBA Alternative for Acquisitions
Private acquisition capital with no SBA citizenship requirement.
Learn More →Frequently Asked Questions
Yes. Bankable funds business acquisitions regardless of the buyer's immigration status. The target business's revenue and your operational expertise are the primary criteria.
We review the target business's 12 months of bank statements to verify revenue and cash flow. We also evaluate your industry expertise and operational background.
Acquisition funding depends on the target business's annual revenue. A business generating $500K annually might support $200K–$400K in acquisition funding as a component of the total purchase price.
The 2026 SBA rule eliminated non-citizen buyers from SBA 7(a) business acquisition financing. Bankable is private capital with no citizenship requirement.
No. Business acquisitions typically involve a combination of buyer equity, seller financing, and third-party financing. Bankable provides the third-party financing component. Seller financing is common and can cover a significant portion of the purchase price.
Businesses in industries where you have direct operational expertise — the landscaping company for a former H-2B landscaper, the cleaning service for a former H-2B housekeeper — are the best acquisitions because your expertise provides immediate operational value.
12 months of the target business's bank statements, the seller's asking price and terms, your EIN, and personal identification. No green card required.
Acquisition funding typically takes 5–10 business days due to the additional due diligence on the target business. Initial pre-approval decisions within 48 hours.