Key Takeaways
- Parolees with licensed childcare businesses qualify
- Build-out financing for state-compliant childcare facilities
- Working capital for childcare subsidy reimbursement gaps
- CCDBG subsidy revenue qualifies as bankable income
- No green card required — state childcare license required
Ukrainian and Haitian parolees on humanitarian parole are building successful US childcare and daycare businesses — generating real revenue that traditional banks ignore because of their visa status. Bankable evaluates your business on what matters: monthly revenue, operating history, and business fundamentals.
Childcare: A Natural Fit for Parolee Entrepreneurs
Ukrainian parolees with early childhood education backgrounds and Haitian parolees with childcare experience are opening state-licensed daycares that serve both the parolee community's immediate childcare needs and the broader market. CCDBG (Child Care Development Block Grant) subsidies for qualifying families provide stable, government-backed revenue that is highly predictable and ideal for Bankable's underwriting model.
Funding Products
- Facility Build-Out: Convert commercial space to state-licensed childcare facility — child-safe flooring, restrooms, outdoor play area, kitchen renovation.
- Equipment Financing: Cribs, mats, furniture, playground equipment, and kitchen appliances financed as business assets.
- Working Capital: Bridge the 30-60 day CCDBG and state subsidy payment cycles. Fund payroll for teachers and aides.
- Second Location Expansion: Once your first center is licensed and revenue is established, fund the second location.
Equipment Financing
Finance the physical assets your business needs with the equipment as collateral.
Explore →Frequently Asked Questions
Yes. Ukrainian or Haitian parolee humanitarian parolees with valid EADs and US childcare revenue that exceeds $10K/month qualify for Bankable's funding products. We do not require green card or permanent residency.
Valid EAD, parole documentation, 3 months of US business bank statements, business EIN, and a voided business check. No tax returns required for amounts under $250K.
Working capital advances are decided within 48 hours. Equipment financing decisions typically take 48-72 hours. Funds wire within 2-3 business days of approval.
We prefer 620+ for working capital and 640+ for equipment financing, but we evaluate the full picture — revenue strength, time in business, and industry risk can compensate for lower scores.
Revenue-based working capital requires no collateral beyond a general business lien. Equipment financing uses the financed equipment as collateral. Larger term loans may require personal guarantee.
Qualifying businesses can access up to $5M. Most early-stage businesses qualify for $25K-$500K based on revenue. Businesses doing $100K+/month can access larger facilities.
Bankable structures funding terms to your remaining authorization period. Parole renewals are typically straightforward for CHNV and Ukrainian U4U programs. See our guide on parole expiry and business funding.
Yes, as long as the majority (51%+) ownership is the parolee with EAD. Mixed-status business partnerships are acceptable. Each partner's immigration status is reviewed but majority ownership by a parole holder qualifies.