Key Takeaways
- Revolving working capital available to R-1 visa holders without a green card
- Draw as needed; repay as a percentage of daily revenue
- Up to $5M revolving capacity based on your business revenue
- SBA Express lines of credit now require citizenship — Bankable fills the gap
- 48-hour decisions for initial line establishment
- Re-draw available as principal is repaid — continuous access to capital
A working capital line is the most flexible form of business capital — a revolving facility you draw from as needed and repay as revenue arrives. For R-1 visa holders, the March 2026 SBA rule change eliminated the SBA Express line of credit program (which required citizenship). Bankable provides revolving working capital up to $5M for R-1-connected businesses with no green card requirement.
How a Working Capital Line Works at Bankable
Bankable's working capital line operates as a series of revenue-based advances with a revolving structure. Once your initial advance is approved (based on your business revenue), you draw against that capacity. As you repay the outstanding balance through daily revenue percentages, your available capacity replenishes. This creates a continuous working capital pool that grows with your business.
- Initial draw — approved amount based on 6-month revenue history
- Repayment — fixed percentage of daily revenue (typically 5–15%) applied to outstanding balance
- Re-draw — as principal is repaid, additional draws become available
- Capacity growth — as your business grows and revenue increases, your available line capacity increases
Uses for a Working Capital Line
- Covering payroll during slow weeks without separate loan applications
- Taking advantage of bulk purchasing opportunities for inventory
- Covering unexpected expenses (equipment repair, emergency supply purchases)
- Managing the gap between customer invoice payment and business obligations
- Financing short-term opportunities (a catering contract requiring upfront ingredient costs)
- Seasonal inventory buildup followed by peak-season repayment
Working Capital Line vs. Term Loan
| Feature | Working Capital Line | Term Loan |
|---|---|---|
| Draw flexibility | As needed, any amount | Full amount upfront, one time |
| Interest/cost | Only on drawn amount | On full loan amount from day one |
| Re-use | Revolving — repay and redraw | Single use — must reapply |
| Flexibility | Very high | Low — fixed term, fixed payments |
| Best for | Ongoing operational needs | One-time capital investments |
Qualifying for a Working Capital Line
The qualification criteria mirror Bankable's standard funding requirements: minimum $10,000–$15,000 monthly revenue, 6+ months in business, valid business entity, and government-issued ID (passport accepted). No green card. No SBA involvement. No citizenship documentation required.
For R-1 visa holders running established businesses with predictable revenue patterns, a working capital line is the most operationally efficient capital structure. Apply for your working capital line today or call (786) 443-5511 to discuss your business's specific working capital needs.
Frequently Asked Questions
Yes. Bankable provides revolving working capital lines to R-1 visa holders with no green card or citizenship requirement. We evaluate your business's monthly revenue to determine available line capacity up to $5M.
Banks require citizenship documentation and formal line of credit agreements. Bankable structures working capital as revolving revenue-based advances — you draw as needed, repay as a percentage of daily revenue, and redraw as principal is repaid.
Yes. The SBA Express line of credit program — the most accessible revolving credit facility for small businesses — now requires 100% US citizenship. R-1 holders are excluded. Bankable's non-SBA working capital line has no citizenship requirement.
Up to $5M based on your business's monthly revenue. Most working capital lines start at $10,000–$100,000 and grow as your business revenue increases.
A fixed percentage of your daily revenue (typically 5–15%) is applied to your outstanding working capital balance. As you repay, you can draw again up to your approved capacity. The cycle continues as long as your business qualifies.
Preliminary decisions in 48 hours. Initial funds available 3–5 business days after approval. Subsequent draws from your established line are typically available within 1–2 business days.
Yes. The working capital line is revolving — as you repay drawn amounts, that capacity becomes available to draw again. Many Bankable clients draw and repay monthly, treating the line as a continuous operational capital facility.
Your daily repayment amounts naturally decrease if revenue drops. Available line capacity may be adjusted at renewal based on updated revenue. Bankable works with clients during revenue downturns rather than immediately calling outstanding balances.