Key Takeaways
- Non-citizen consulting business owners are blocked from SBA working capital and equipment loans as of March 2026
- Consulting businesses generate consistent, documentable revenue—ideal for Bankable's revenue-based model
- Bankable's 48-hour decision means you replace SBA financing before your business growth stalls
- Common consulting business costs like office technology, software subscriptions, and business development are all fundable through Bankable
- 92% of qualifying businesses with $150K+ annual revenue are approved for Bankable funding
Consulting businesses are among the most common non-citizen-owned businesses in America. Immigrant entrepreneurs have built thriving consulting companies that serve homes, offices, and communities—creating jobs and contributing to local economies.
The March 2026 SBA citizenship rule cut these businesses off from their primary capital source overnight. SBA 7(a) loans had funded consulting business growth—equipment, vehicle fleets, working capital, and expansion—for decades. Now non-citizen owners need an alternative.
Bankable's revenue-based model is perfectly suited to consulting businesses: you have regular, documentable client revenue that demonstrates your repayment capacity without any citizenship paperwork.
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 |
What Consulting Business Capital Is Used For
- Technology and Software: CRM systems, project management tools, and industry-specific software platforms
- Office Build-Out: Professional office space for client meetings and team operations
- Business Development: Marketing, content creation, and lead generation for consulting clients
- Hiring and Team Building: Bringing on junior consultants, analysts, and administrative staff
- Certifications and Training: Industry certifications that expand service offerings and command higher rates
How Consulting Businesses Qualify for Bankable
Consulting businesses typically have strong, predictable revenue streams—recurring client contracts, regular service schedules, and predictable cash flow. This makes qualification straightforward:
| Your Situation | Bankable Solution |
|---|---|
| Need equipment for new contracts | Equipment financing based on your existing revenue |
| Expanding to new service areas | Working capital + vehicle/equipment capital |
| Scaling from solo to team | Payroll capital tied to your growing revenue |
| Adding service lines | Equipment + marketing capital |
| Buying out a competitor | Business acquisition capital based on combined revenue |
Learn your exact funding amount. Check your Bankability Score in 5 minutes.
Your consulting business built its reputation on reliable service. Bankable delivers equally reliable capital—without citizenship requirements. Apply today.
Frequently Asked Questions
Yes. Bankable provides revenue-based funding to consulting business owners based entirely on business revenue. No citizenship, green card, or visa status is required for approval.
Bankable requires a minimum of $150,000 in annual revenue and at least 12 months of operating history. Many established consulting businesses easily meet this threshold.
Yes. Equipment for consulting businesses is a valid use of Bankable's revenue-based funding. Provide 3-6 months of bank statements to start the 48-hour decision process.
Bankable makes decisions in 48 hours of receiving a complete application. Capital is deposited within 24-48 hours of offer acceptance. Total time: 3-5 business days.
You need 3-6 months of business bank statements, basic business information (name, EIN, business registration), and minimal personal information. No immigration documents required.
Yes. Bankable evaluates average monthly revenue over 3-6 months. Revenue-based repayment automatically adjusts—slower months have lower payments, busier months pay more.
Bankable provides up to $5M in total funding capacity across multiple tranches. Initial tranche for a $300K revenue business is typically $60K-$120K.
Bankable's revenue-based funding does not require pledging equipment or property as collateral. Most agreements include a personal guarantee from business principals.
Yes. Payroll expansion is a valid use of Bankable's working capital funding. Hiring additional service staff as you grow is exactly the kind of business investment Bankable supports.
After successfully repaying the first tranche, you become eligible for a larger second tranche based on your updated revenue performance. The tranche model grows with your business.