Key Takeaways
- R-1 visa-connected consulting firms qualify for up to $5M
- Contract revenue and retainer income accepted as documentation
- No green card or citizenship requirement — evaluated on business revenue
- Many immigrant faith-community leaders consult in theology, cultural relations, education
- 48-hour decisions, funding in 3–5 days
Consulting businesses operated by R-1 visa holders or their family members span an enormous range: management consulting, IT consulting, HR consulting, cultural competency training, theological education consulting, nonprofit strategy consulting, and community relations advisory. These businesses generate real revenue from real clients and deserve access to growth capital.
Why Consulting Firms Need Capital
Consulting firms face a structural cash flow challenge: you win a large contract, deliver weeks of work, then wait 30–90 days for payment on a net-30 or net-60 invoice. During that gap, you still owe payroll, software subscriptions, and operating costs. Revenue-based funding bridges this gap efficiently — you access capital now, repay as consulting revenue arrives.
- Payroll bridge: Cover consultant salaries during payment gaps between large contracts
- Business development: Marketing, proposal writing, conference attendance, thought leadership content
- Team expansion: Hiring junior consultants or specialists to take on larger engagements
- Technology and tools: CRM systems, project management platforms, specialized software
- Office and presentation: Professional space for client meetings, presentation materials
Faith-Community Consulting Niches
Many R-1 religious workers have deep expertise that translates into consulting revenue outside their primary religious duties: intercultural communications consulting for corporations seeking to serve diverse markets, nonprofit governance consulting for faith-based organizations, community engagement consulting for government agencies, chaplaincy program consulting for hospitals and corporations, and theological education consulting for seminaries and religious institutions.
| Consulting Type | Typical Monthly Revenue | Funding Range |
|---|---|---|
| Solo consultant (1 person) | $10K–$25K | $25K–$75K |
| Small firm (2–5 consultants) | $25K–$100K | $75K–$300K |
| Mid-size firm (6–20 consultants) | $100K–$500K | $300K–$1.5M |
| Specialized niche firm | Varies | Up to $5M |
Qualification Requirements
Your consulting business needs at least 6 months of operating history, $10,000+ in monthly revenue, a valid US business entity, and a US business bank account. ITIN-based businesses and businesses owned by R-1 visa holders or their spouses qualify. See the full documentation checklist.
Frequently Asked Questions
Yes. Consulting businesses owned by R-1 holder spouses are evaluated based on the business's revenue and operating history. The spouse's immigration status doesn't affect eligibility as long as the business has a valid US entity and US bank account with documented revenue.
6 months of business bank statements, business formation documents, and client contracts or invoices showing revenue. For retainer-based firms, recurring bank deposits showing monthly retainer payments are ideal documentation.
Yes. Team expansion — hiring junior consultants, contractors, or specialists — is one of the most productive uses of consulting firm capital. Revenue-based funding gives you the capital to take on larger engagements by having the team capacity to deliver them.
Revenue-based repayment is designed for irregular income. Your payment percentage is applied to whatever revenue you actually receive each week. During a slow quarter with no large contract closes, you pay less. During a high-revenue quarter with multiple contract completions, you repay more.
Bankable funds for-profit businesses. If your consulting entity is organized as a for-profit LLC or corporation — even if it serves nonprofit clients — it qualifies. Nonprofit entities (501(c)(3) organizations) generally do not qualify for Bankable's commercial funding products.
Most programs require $10,000–$15,000 per month in documented business revenue. Solo consultants billing $10K+/month can qualify for initial funding of $25,000–$50,000. Larger firms with higher revenue can access proportionally larger amounts.
Yes. Business development costs — proposal writing, pitch materials, industry conference attendance, certification costs — are all valid uses of working capital. Winning a $500K consulting contract often requires $10,000–$20,000 in upfront business development investment.
Yes. Consulting businesses in any legal specialty qualify, including theological consulting, seminary development consulting, religious education program design, and interfaith community relations. The consulting subject matter does not affect eligibility.