Key Takeaways
- Bankable provides equipment financing $10K–$2M without a green card or citizenship requirement
- Equipment serves as collateral — typically resulting in better rates than unsecured financing
- Landscaping equipment, construction machinery, commercial vehicles, restaurant equipment, and more
- SBA 504 equipment loans are no longer available to non-citizens under the 2026 rule
- 48-hour approvals for most equipment financing applications
Equipment Financing Without a Green Card: How It Works
Equipment financing is fundamentally different from unsecured working capital because the equipment itself serves as collateral. This means the lender can repossess the equipment if the loan goes into default — which is why equipment financing typically offers better rates and terms than unsecured alternatives, and why immigration status is less critical to the underwriting decision than for unsecured products.
Bankable provides equipment financing to H-2B and former H-2B business owners with no green card, no citizenship requirement, and no SBA affiliation. The equipment's value and your business's cash flow are the primary underwriting criteria.
Equipment Categories Bankable Finances Without a Green Card
- Landscaping equipment: Commercial mowers ($8K–$15K), trailers, irrigation equipment, blowers, and skid steers.
- Construction equipment: Excavators ($40K–$200K), skid steers, compactors, concrete mixers, and cranes.
- Commercial vehicles: Box trucks, flatbeds, refrigerated vans, service vans, delivery vehicles, and specialty vehicles.
- Restaurant and food service: Commercial ovens, walk-in coolers, fryers, hood systems, and dishwashers.
- Medical and dental equipment: Diagnostic imaging, dental chairs, laboratory analyzers, and specialty treatment systems.
- Manufacturing: CNC machines, production equipment, and industrial machinery.
- HVAC: Commercial HVAC systems, refrigerant recovery equipment, and diagnostic tools.
How Equipment Financing Terms Work
| Factor | Bankable Equipment Financing |
|---|---|
| Amounts | $10,000–$2,000,000 |
| Terms | 24–60 months (depending on equipment life) |
| Green Card Required | No |
| Collateral | The equipment being financed |
| Down Payment | 0–20% depending on credit and equipment type |
| Decision Speed | 48 hours (plus equipment verification) |
| New vs. Used | Both eligible (used subject to appraisal) |
Apply for Equipment Financing
$10K–$2M. Equipment-secured for better rates. No green card. 48-hour decision.
Learn More →Revenue-Based Alternative
If your equipment need doesn't qualify for financing, revenue-based funding is available.
Apply →Frequently Asked Questions
Yes. Bankable provides equipment financing regardless of the owner's immigration status. The equipment's value and your business revenue are the primary criteria.
Virtually any business equipment — landscaping machinery, construction equipment, commercial vehicles, restaurant equipment, medical equipment, dental chairs, manufacturing machinery, and HVAC systems.
Because equipment serves as collateral, rates are typically better than unsecured revenue-based funding. Specific rates depend on your credit score, business revenue, and the equipment being financed.
Yes. Used equipment can be financed. The maximum financing amount for used equipment is based on an appraisal of the equipment's current market value.
The 2026 SBA rule requires 100% citizenship for all SBA programs including 504 loans, which were commonly used for equipment financing. Bankable provides private equipment financing with no citizenship requirement.
Equipment financing ranges from $10,000 to $2,000,000 depending on the equipment's value, your business revenue, and your credit score.
Down payments range from 0% to 20% depending on your credit score and the specific equipment. Strong credit and well-established businesses may qualify for 0% down.
Most equipment financing applications receive a decision within 48 hours. Funding typically occurs within 5–7 business days due to equipment verification requirements.