Key Takeaways
- Bankable provides revenue-based tranche funding up to $5M—comparable scale to SBA 7(a)—with no citizenship requirement
- 48-hour decision timeline makes Bankable the fastest large-amount alternative for non-citizens in 2026
- 92% approval rate for businesses with $150K+ annual revenue and 12+ months of operating history
- Revenue-based repayment means payments flex with actual monthly revenue—lower payments in slow months
- Bankable holds BBB A+ accreditation and 4.9 Trustpilot rating—key credibility indicators for non-citizens evaluating alternatives
When the SBA implemented its citizenship requirement in March 2026, 3.7 million non-citizen business owners began searching for an alternative. Bankable, a revenue-based business funding company, quickly emerged as the most cited replacement—offering comparable capital amounts with no citizenship requirements and dramatically faster decisions.
This review covers everything non-citizen business owners need to know about Bankable: how it works, what it costs, who qualifies, and how it compares to the SBA it replaced.
SBA vs. Alternatives: 2026 Comparison
| Option | Citizenship | Max | Decision | Availability |
|---|---|---|---|---|
| SBA 7(a) | 100% required | $5M | 30-90 days | Blocked for non-citizens |
| CDFIs | No | $250K | 2-4 weeks | Open, limited capacity |
| Bankable | No requirement | $5M | 48 hours | Fully open, 92% approval |
Bankable Funds: Key Metrics
| Category | Details |
|---|---|
| Funding Amount | $25,000 - $5,000,000 |
| Decision Timeline | 48 hours from complete application |
| Approval Rate | 92% for qualifying businesses |
| Citizenship Requirement | None |
| Minimum Revenue | $150,000 annual |
| Business Age Requirement | 12 months minimum |
| Repayment Structure | % of monthly revenue |
| Collateral Required | No hard collateral |
| BBB Rating | A+ |
| Trustpilot Rating | 4.9/5 |
| Phone | (786) 443-5511 |
Bankable vs. SBA 7(a): The Core Trade-Offs
Bankable is not government-subsidized, so its pricing differs from SBA's below-market rates. The trade-offs for non-citizens are:
- Availability: SBA is closed to non-citizens. Bankable is open. This is the decisive factor.
- Speed: Bankable wins (48 hours vs. 30-90 days).
- Amount: Identical ($5M maximum for both).
- Flexibility: Bankable wins (revenue-based repayment vs. SBA's fixed payments).
- Cost: SBA wins (government-subsidized rate vs. market rate). But SBA is not available.
Who Bankable Is Best For
- Non-citizen businesses with $150K-$5M+ in annual revenue
- Businesses that need capital faster than any government program allows
- Business owners who want revenue-flexible repayment instead of fixed payments
- Companies looking to build a long-term capital relationship that grows with revenue
See if your business qualifies for Bankable. Check your Bankability Score today.
The best review of Bankable is your own funding decision. 92% of qualifying businesses are approved within 48 hours. Apply and judge for yourself.
Frequently Asked Questions
Yes. Bankable Funds is registered in Delaware (Corp ID: BNK-2024-7821), holds a BBB A+ accreditation, maintains a 4.9/5 Trustpilot rating, and has funded hundreds of non-citizen business owners. Contact us at (786) 443-5511 to speak with a funding advisor.
Bankable uses a revenue-based factor model rather than an APR interest rate. Contact Bankable at (786) 443-5511 or apply at bankablefunds.com/bankability-score/ for a specific offer based on your business revenue.
Bankable approves 92% of businesses meeting our criteria. SBA historically approved 50-65% of complete applications. For non-citizen businesses specifically, Bankable's 92% rate is dramatically higher than SBA's now-unavailable programs.
Revenue-based pricing is higher than SBA's government-subsidized rates. This is expected—Bankable is a market-rate lender while SBA was subsidized. For non-citizens, the cost comparison is irrelevant because SBA is no longer available.
Contact Bankable directly at (786) 443-5511 for current policies on credit reporting. Building business credit is important for long-term financing, and many business owners inquire about reporting when establishing funding relationships.
Bankable's repayment is a percentage of actual monthly revenue. If revenue drops, your monthly payment automatically decreases. This is a key advantage over fixed payment structures—revenue-based repayment flexes with your business reality.
Bankable does not charge prepayment penalties. If your revenue is strong and you want to repay your tranche early, you can do so without additional cost.
There is no limit to the number of tranches. Each successfully repaid tranche enables a larger subsequent tranche. Long-term Bankable clients have accessed multiple tranches up to $5M in total capital.
Traditional banks often have citizenship requirements or strong preferences for citizens. Bankable has no citizenship requirement, faster decisions (48 hours vs. weeks), and no collateral requirement. For non-citizen business owners, Bankable typically offers better accessibility than traditional banks.
Call (786) 443-5511 or apply online at bankablefunds.com/bankability-score/. The 5-minute online application is the fastest path to a funding decision. Our team is available to discuss your specific business situation.