Key Takeaways
- Former H-2B workers in resort transportation and automotive services often launch their own car dealerships
- Bankable funds car dealership businesses $25K–$5M based on sales revenue — no green card required
- Inventory financing, working capital, and floor plan assistance all available
- SBA 2026 rule eliminated non-citizen car dealership owners from all SBA programs
- 48-hour approvals for qualified dealership businesses
From H-2B Transportation Worker to Car Dealership Owner
Former H-2B workers in resort transportation, fleet maintenance, and automotive service roles developed knowledge of vehicle inventory management, customer sales processes, and automotive operations that translate directly into car dealership ownership. Many have launched independent used car dealerships — starting with 10–20 vehicles on a modest lot and growing into established multi-line dealerships serving both the general market and the large Spanish-speaking consumer market they know intimately.
Car dealerships have strong, documentable revenue from vehicle sales, F&I income, and service department revenue. Bankable funds these dealerships on documented revenue — no citizenship required.
Car Dealership Capital Needs
- Vehicle inventory (floor plan): A small used car lot needs $150K–$500K in vehicle inventory financing. Floor plan financing — borrowing against vehicle inventory — is the dealership industry's standard capital mechanism.
- Lot and facility: Paving, lighting, office improvements, and service bay equipment.
- Working capital: Cover operating costs between vehicle sales, including staff payroll, insurance, and lot fees.
- Reconditioning: Used vehicles require reconditioning before retail sale — detailing, mechanical repair, and cosmetic work.
Inventory Financing
Finance vehicle inventory. Repay as vehicles sell. Up to $2M for established dealerships.
Apply →Working Capital
Cover payroll, lot costs, and operating expenses between vehicle sales. Up to $300K.
Apply →Equipment Financing
Service bay equipment, lifts, and diagnostic tools. Asset-secured for better rates.
Learn More →Frequently Asked Questions
Yes. Bankable funds car dealerships regardless of the owner's immigration status. Documented sales revenue is the primary criterion.
We fund independent used car dealerships, small franchise dealerships, motorcycle dealerships, RV dealers, and specialty vehicle dealers.
Yes. Vehicle inventory financing is available. As each vehicle sells, the advance against that vehicle is repaid, and the credit revolves.
Funding depends on annual sales revenue. A dealership with $1M–$3M in annual revenue might qualify for $200K–$800K.
The 2026 SBA rule requires 100% citizenship, eliminating non-citizen dealership owners. Bankable is private capital with no citizenship requirement.
Yes. Working capital lines cover payroll, lot rent, insurance, and operating costs during gaps between vehicle sales.
Six months of business bank statements, your EIN, dealer license, and personal identification. No green card required.
Most applications receive a decision within 48 hours. Funds are typically deposited within 3–5 business days.