Key Takeaways
- Venezuelan, Ukrainian, and Cuban consultants with US revenue qualify
- Working capital lines up to $2M to bridge client payment gaps
- No collateral required for revenue-based working capital
- Net-30/60/90 client invoice factoring available
- 48-hour decisions — no green card required
Venezuelan parolees include some of the hemisphere's most accomplished professionals — engineers, economists, management consultants, and financial advisors who built thriving practices in Caracas before Maduro's regime destroyed the commercial environment. In the US, they rapidly rebuild those consulting practices, leveraging Latin American expertise, bilingual capabilities, and elite professional networks. Bankable funds the working capital gaps that consulting firms face between client projects.
The Consulting Cash Flow Problem
Consulting firms bill on net-30 to net-90 terms. A firm doing $200,000/month in consulting engagements may carry $400,000-$600,000 in outstanding receivables at any time. Meanwhile, consultants, analysts, and project expenses must be paid monthly. This cash flow gap — real for all consulting firms, amplified for parolee-owned firms without bank lines of credit — is exactly what Bankable solves.
Consulting Funding Products for Parolees
- Invoice Factoring: Convert outstanding client invoices to immediate cash at 85-95% advance rate. Repay when the client pays.
- Working Capital Line: $25K-$2M revolving line to fund payroll, subcontractors, and project expenses between client payments.
- Project Startup Capital: Fund the first 60 days of a large engagement before billing cycles begin.
- Team Expansion: Hire analysts, senior consultants, or sales staff to win and deliver larger contracts.
- Office Space and Equipment: Lease professional office space and fund IT infrastructure for client-facing operations.
Ukrainian Consultants: Engineering and IT Expertise
Ukrainian parolee consultants typically specialize in IT consulting, software development, cybersecurity, and engineering — commanding premium US rates. A Ukrainian IT consultant billing $250/hour building US client relationships generates strong monthly revenue quickly. Bankable provides the working capital to hire subcontractors, accelerate delivery, and pitch larger enterprise contracts that require demonstrated operational capacity.
Invoice Factoring
Convert client invoices to immediate cash. No waiting net-30 or net-90.
Get Assessed →Documents Needed
See exactly what documents parolees need to apply for consulting funding.
View List →Frequently Asked Questions
Yes. Venezuelan CHNV parolees operating US consulting firms with verifiable client revenue qualify for Bankable's working capital products. We accept EAD as primary ID and do not require green card or permanent residency.
You submit outstanding client invoices to a factoring company, which advances 85-95% of the invoice value immediately. When your client pays (net-30/60/90), the factoring company receives payment and remits the remaining balance minus a small fee (typically 1-4%).
Fortune 500 clients are ideal for factoring — they're creditworthy, pay reliably, and factoring companies price your invoices at favorable rates. Your immigration status is irrelevant; the factor is lending against your client's creditworthiness.
Yes. Bankable provides revolving lines of credit to consulting firms with $15,000+ monthly revenue. Lines range from $25,000 to $2M depending on your revenue, client concentration, and credit profile.
Most early-stage consulting firms (under $100K/month) qualify for $50K-$300K. Firms doing $200K+/month can access $500K-$2M. Maximum $5M for highly qualified borrowers.
Yes, with a US business entity (LLC or sole proprietor EIN). Many independent consultants operate as single-member LLCs, which qualifies. We need your EIN, 3 months of business bank statements, and EAD.
All consulting verticals qualify: management consulting, IT consulting, engineering consulting, financial advisory, marketing consulting, HR consulting, legal support services, and more. Revenue verification is the key criterion.
48 hours for working capital advances up to $250K. Invoice factoring can deploy within 24 hours of invoice submission and client verification.