Key Takeaways
- MCAs do not require collateral, green cards, or citizenship — just business revenue
- Non-citizens (DACA, H-1B, EAD, TPS, TN, L-1) all qualify with valid SSN
- Repayment automatically adjusts to your revenue — no fixed payment to miss during slow periods
- Advances from $10,000 to $500,000 based on 1-2 months of average monthly revenue
- Same-day approval and next-day funding available for qualifying non-citizen businesses
Merchant cash advances for non-citizens work because the MCA structure evaluates what actually matters: how much money flows through your business every day. For the millions of non-citizens with SSNs running US businesses — from the H-1B engineer's consulting firm to the DACA recipient's taqueria to the TPS holder's cleaning service — daily revenue is the most honest measure of creditworthiness, and MCAs use it directly.
A merchant cash advance works by purchasing a percentage of your future revenue today. Bankable provides the advance amount immediately; you repay through an automatic percentage of daily sales until the purchased amount plus a fee is satisfied. Because no formal loan exists and repayment is through revenue rather than a fixed obligation, the citizenship requirements that gatekeep traditional loans simply do not apply.
MCA vs. Term Loan for Non-Citizens
| Factor | MCA | Term Loan |
|---|---|---|
| Repayment | % of daily revenue | Fixed monthly payment |
| Best For | Variable-revenue businesses | Stable-revenue businesses |
| Collateral | None required | Sometimes required |
| Speed | 24-72 hours | 48 hours-2 weeks |
| Green Card? | Not required | Not required (at Bankable) |
Start your MCA application at bankablefunds.com/bankability-score/. Check your Bankability Score, and our team will assess whether an MCA or an alternative product better serves your non-citizen business's specific revenue profile and funding needs.
Frequently Asked Questions
MCAs are structured as a purchase of future receivables — not a traditional loan. This structure bypasses most of the citizenship and residency requirements embedded in bank loan products. Repayment via daily revenue percentage also suits businesses whose owners may travel internationally or have variable schedules.
Restaurants, retail shops, salons, auto repair shops, medical practices, e-commerce stores, food trucks, and any business with consistent daily or weekly revenue. Project-based businesses with long billing cycles (construction, professional services with net-60 invoices) are better suited to term loans or lines of credit.
Bankable does not apply different factor rates to non-citizens. All applicants are evaluated on revenue consistency, time in business, and credit profile. Non-citizen businesses with strong metrics receive competitive factor rates equivalent to citizen-owned businesses at similar revenue levels.