Key Takeaways
- CPA firms connected to R-1 holders qualify for up to $2M
- Tax season working capital and year-round retainer funding available
- Many immigrant faith communities have CPA professionals serving their community
- No green card requirement — evaluated on accounting firm revenue
- 48-hour decisions
The Accounting & CPA sector has significant representation among R-1 visa holder communities and their families across the United States. CPA firms serving immigrant faith communities provide essential financial services with cultural fluency: tax return preparation for R-1 holders and their family members, ITIN application assistance, business entity formation for faith-community entrepreneurs, payroll services for small businesses, and nonprofit accounting for religious organizations. These firms build loyal client bases through language accessibility and deep understanding of immigrant tax situations. Bankable provides revenue-based funding up to $5M without citizenship or green card requirements, evaluated entirely on your business's revenue performance.
Capital Needs in Accounting & CPA
- Tax software: Thomson Reuters, CCH, Drake tax software licensing
- Working capital: Seasonal cash flow support outside peak tax season
- Staff: Hiring additional CPAs or tax preparers for busy season
- Technology: Accounting software, client portal, document management systems
- Marketing: Website, community outreach, referral programs
- Office: Professional office space for client meetings and confidential work
Funding Ranges by Business Size
| Business Scale | Monthly Revenue | Funding Range |
|---|---|---|
| Solo CPA / bookkeeper | $6K–$20K | $18K–$60K |
| Small CPA firm (2–5 CPAs) | $20K–$80K | $60K–$240K |
| Established accounting firm | $80K–$300K | $240K–$1M |
The SBA Gap and Bankable's Role
The March 2026 SBA rule requiring 100% US citizenship eliminated most R-1 visa-connected business owners from SBA loan programs. Bankable fills this gap with revenue-based funding that evaluates your business on its economic merits. Learn more about SBA alternatives for R-1 holders.
CPA firms serving faith communities often have deep expertise in the specific tax situations facing immigrant workers and religious organizations: R-1 holder tax filing requirements, ITIN-based business taxes, religious organization UBIT (unrelated business income tax), Form 990 preparation, and international wire taxation. This specialized expertise creates a defensible market position and strong client retention.
How to Qualify
Your accounting & cpa business needs: at least 6 months of operating history, $10,000–$15,000 or more in monthly revenue (depending on program), a valid US business entity (LLC or corporation), and a US business bank account. Your R-1 visa status, ITIN status, or non-citizen status does not disqualify you. See the full documentation checklist.
Bankable makes its funding decisions based on your business's revenue history, not on immigration paperwork. Apply online, receive a preliminary decision within 48 hours, and access funds within 3–5 business days of approval. Check your Bankability Score to see your personalized funding options.
Frequently Asked Questions
Yes. R-1 visa holders can own accounting & cpa businesses as passive owners, or their family members with appropriate work authorization can operate them. Bankable funds these businesses based on revenue history and does not require citizenship or permanent residency.
Most Bankable programs require $10,000–$15,000 per month in documented business revenue. Higher-revenue businesses qualify for proportionally larger funding amounts, up to $5M.
No. Bankable does not require a green card, permanent residency, or US citizenship. Your immigration status is not an eligibility factor. We evaluate your business's revenue and financial performance.
Preliminary decisions arrive within 48 hours. After approval and document verification, funds typically arrive within 3–5 business days.
You need 6 months of business bank statements, business formation documents (LLC or corporation papers), a valid government-issued ID (passport accepted), and basic revenue information. Citizenship documents are not required.
For equipment financing, the equipment itself serves as primary collateral. For revenue-based working capital, a general business lien is the primary security. No personal real estate pledge is required.
The SBA implemented a 100% citizenship/national status rule in March 2026, effectively eliminating R-1 holders and non-citizens from SBA loan eligibility. Bankable's revenue-based funding is the primary alternative.
Businesses with at least 6 months of operating history and consistent monthly revenue can qualify. Very new businesses may qualify for equipment financing secured by business assets, with smaller funding amounts available before the 6-month mark.