Key Takeaways
- Required: business bank statements, EIN, entity docs, and valid ID
- No green card, no tax returns for most applications, no business plan required
- O-1 visa documentation used for identity verification only
- Simple 5-minute application, 48-hour decision
- Additional documents may be requested for larger amounts
Getting funded through Bankable requires fewer documents than you might expect — and none of them are immigration-specific beyond basic identity verification. Here is the complete, current documentation checklist for O-1 visa holders applying for business funding. No green card. No tax returns for most applications. No business plan. Start your application here.
Required Documents for O-1 Business Funding
| Document | What We Need | Why |
|---|---|---|
| Business Bank Statements | Last 3-6 months, all pages | Primary revenue verification |
| Business EIN | IRS EIN confirmation letter or tax return header | Entity verification |
| Business Entity Document | LLC Articles, Corp Certificate, or DBA filing | Legal entity confirmation |
| Government-Issued ID | Passport (with O-1 stamp) or U.S. driver's license | Identity verification |
| Voided Business Check | For ACH deposit setup | Fund disbursement |
Optional Documents That Strengthen the Application
- Payment processor statements: Stripe, Square, Shopify, Toast — 3-6 months of data
- Accounts receivable aging report: For professional services and B2B businesses
- Client contracts or retainer agreements: For consulting and service businesses
- Purchase orders from buyers: For manufacturers, distributors, and food processors
- Equipment specifications: For equipment financing applications (make, model, year, condition)
Documents NOT Required at Bankable
- Green card (not required at any amount)
- Tax returns (not required for most applications under $500K)
- Business plan or projections
- 2 years of business financial statements
- Personal bank statements
- Co-signer or guarantor documentation
Documents Required for Larger Funding Amounts
For funding amounts above $500,000, Bankable may request: 2 years of business tax returns, a personal financial statement, and a brief business summary. These are evaluated alongside the core revenue documentation. The O-1 visa is still not a factor in the evaluation at any amount. Compare document requirements across products.
How to Submit Documents
All documents are submitted electronically through Bankable's secure online portal. PDF, JPEG, and PNG formats are accepted. Bank statements can be submitted as bank-generated PDFs (downloaded directly from your online banking portal). Plaid-linked bank verification is also available as an alternative to manual statement submission. The application takes approximately 5 minutes; document upload takes 5-10 additional minutes.
Frequently Asked Questions
Business bank statements (3-6 months), EIN, business entity documentation, government-issued ID, and a voided business check.
No. Green card documentation is never required at Bankable.
Not for most applications under $500,000. Larger amounts may require 2 years of business tax returns.
O-1 status is typically verified through your passport stamp. An I-797 may be requested for additional verification in some cases.
Yes. If your business operates across multiple accounts, submit statements from all active accounts.
We can evaluate with 3 months minimum, but 6 months provides stronger revenue documentation and typically results in better terms.
No. Bankable does not require business plans or financial projections.
Documentation review takes 24-48 hours from submission.
Yes. Bankable supports Plaid-linked bank verification as an alternative to manual statement submission.
Your entity can be registered in any U.S. state. We fund based on where the business operates and generates revenue.