Medical Devices Business Funding for L-2 EAD Holders

Bring life-changing devices to market with capital that does not require a green card. Medical device business funding for L-2 EAD holders — inventory, regulatory, and distribution in 48 hours.

DE
Delaware Sovereign RegistryCorp ID: BNK-2024-7821 • Active
256-bit SSLBank-Grade Security
BBB A+ RatedAccredited Business
4.9★★★★★
Trustpilot Verified

Key Takeaways

Medical device distribution and representation is an accessible business for L-2 EAD holders with connections to medical device manufacturers in their home countries. Japan, South Korea, Germany, and France all have world-class medical device industries. The spouse of an L-1 executive from a Japanese imaging company, or the partner of a German orthopedic implant specialist, may have both product knowledge and manufacturer relationships to build a US distribution business for their home country's medical technology.

Medical Device Business Funding Uses

$5M
Max Funding
48hr
Decision Time
0
Green Card Req.
2022
Work Auth Rule

Frequently Asked Questions

Can an L-2 EAD holder distribute or sell medical devices?

Yes. Medical device distribution and sales are business activities authorized under L-2 EAD. FDA-regulated devices require proper registration and clearance, but the distributor does not need to be a US citizen.

What medical device business revenue does Bankable require?

Minimum $15,000/month in device sales revenue. Distribution businesses with hospital and clinic contracts qualify well.

Does Bankable fund medical device startups working on FDA clearance?

Pre-clearance companies require careful evaluation. We generally fund businesses with existing revenue from cleared devices or internationally approved devices being imported.

Can I import medical devices from my home country manufacturer for US distribution?

Yes, provided the devices have appropriate FDA clearance (510(k) or PMA) or qualify for exemptions. Distributing FDA-cleared devices from international manufacturers is a strong business model for L-2 EAD holders with home country manufacturer relationships.

Does Bankable fund surgical equipment sales businesses?

Yes. Surgical equipment — laparoscopic tools, orthopedic implants, surgical robotics accessories — are eligible device categories provided they have FDA clearance.

Can I use medical device funding to hire sales representatives?

Yes. Medical device sales rep payroll and commission draws are fundable expenses.

What if my device business serves both hospitals and outpatient clinics?

Both channel types count in our underwriting. Direct hospital sales and outpatient clinic sales are both strong revenue models.

How does Bankable handle medical device businesses with long sales cycles?

Medical device sales cycles can be 3-12 months for hospital decisions. We look at your historical revenue pattern and your contracted backlog to understand revenue timing.

Healthcare Practice Funding

Fund healthcare practices using your medical devices.

Explore →

Biotech & Lab Funding

Life sciences business funding for L-2 EAD entrepreneurs.

Explore →

Pharmacy Funding

Pharmaceutical distribution and pharmacy business capital.

Explore →

Better devices. Better capital for L-2 EAD founders.

Revenue-based funding up to $5M for L-2 EAD business owners. No green card required. 48-hour decisions.

5 minutes to apply · No green card required · Decision within 48 hours

Ready to Get Funded?

Apply in 5 Minutes.
Decision in 48 Hours.

Up to $5M · 92% approval rate · No equity required · All visa types welcome

Start Your Application

No credit check to apply · Takes 5 minutes