Key Takeaways
- Valid SSN from any legal work authorization: the primary identity requirement
- US business bank account with 6+ months of consistent revenue deposits
- Business EIN registered with the IRS — no citizenship required to obtain
- Minimum $10,000 monthly revenue ($120,000 annually) to qualify for standard products
- Personal credit score 580+ (revenue can partially compensate for lower scores)
Non-citizen business funding requirements at Bankable are built around business fundamentals rather than immigration paperwork. This guide provides the complete eligibility framework — exactly what you need, exactly what you do not need, and exactly how to strengthen a borderline application.
Complete Eligibility Checklist
| Requirement | Minimum Standard | Ideal for Best Terms |
|---|---|---|
| Social Security Number | Any SSN from legal work authorization | Any — all SSN categories treated equally |
| Business Age | 6 months operating | 24+ months operating |
| Monthly Revenue | $10,000/month ($120K annual) | $50,000+ per month |
| Personal Credit Score | 580 FICO | 680+ FICO |
| Business Bank Account | Active US business checking account | Dedicated business account 12+ months old |
| Green Card / Citizenship | Not required | Not a factor at any level |
| Business Entity | LLC, S-Corp, C-Corp, or sole prop | LLC or corporation preferred |
| US Business Address | Required | Physical location preferred |
How to Strengthen a Borderline Application
If your business meets some but not all ideal criteria, here is how to improve your application:
- Low credit score (580-620): Emphasize revenue. Bankable weights strong, consistent revenue heavily in borderline credit cases. A business generating $75,000/month consistently often qualifies despite 590 credit.
- Short business history (6-12 months): Provide additional context — strong growth trend, large client contracts, or industry expertise that supports future revenue projections.
- Variable revenue: Show 6-month average and explain seasonality. Bankable understands that landscaping businesses have seasonal peaks and restaurants have slower January-February periods.
- Personal-account banking: Open a dedicated business bank account immediately and begin routing all business revenue through it. After 3+ months of clean business banking, reapply.
Check your Bankability Score to get a personalized assessment of how your business profile maps to Bankable's requirements — and what your funding range looks like today. No green card required at any point in the assessment or application process.
Frequently Asked Questions
$10,000 per month ($120,000 annually) for standard Bankable products. Businesses with $5,000-$10,000 monthly revenue may qualify for smaller advances or microloan alternatives. Higher revenue unlocks larger funding amounts — at $50,000/month, you typically qualify for $75,000-$150,000 in funding.
Under 6 months of business history makes standard Bankable products inaccessible. Options for very early-stage non-citizen businesses include microlenders (who accept shorter histories), CDFI programs designed for startups, personal investment, and community development programs. After reaching 6 months, apply to Bankable immediately.
Yes. Your business must be incorporated or registered in the United States, operate in the US, and bank in US dollars through a US business bank account. Bankable funds US businesses, not foreign entities.
Bankable's minimum is 580 personal credit score (FICO). Scores between 580-650 may require higher revenue to offset. Scores above 650 typically qualify for the full standard range. Non-citizens building US credit should prioritize credit score improvement as it directly expands funding options.
For most Bankable products, a general business lien (UCC filing against business assets) is the standard collateral. Hard collateral (real estate, specific equipment) is not required for revenue-based products. Equipment financing uses the financed asset as collateral. Real estate collateral can sometimes improve terms on larger funding requests.