Key Takeaways
- TN visa holders operating businesses in New York qualify for Bankable funding
- No green card required — revenue-based capital available to all TN holders with SSN
- SBA eliminated TN eligibility March 2026 — Bankable is the non-SBA alternative
- 48-hour decisions for established businesses with 6+ months revenue history
- Bankable serves all industries in New York regardless of business type
TN visa professionals in New York represent some of the most educated and highest-earning business owners in the state. Concentrated in New York City and across New York's major economic centers, TN holders from Canada and Mexico build businesses that range from technology startups and professional service firms to manufacturing operations and retail enterprises. Bankable provides these entrepreneurs with the revenue-based capital they need — without the immigration status barriers that prevent traditional banks and the SBA from serving them.
New York City is a major hub for TN visa professionals in finance, law, consulting, technology, and media. Canadian TN holders are particularly concentrated in Manhattan's financial district, consulting firms, law firms, and advertising agencies. The Toronto-New York professional corridor is one of the most active TN visa pipelines in North America — Canadian professionals at major financial institutions, law firms, and consulting practices move to New York on TN status regularly. Mexican TN professionals in New York concentrate in management consulting, engineering, and architecture firms.
The SBA Rule Change and New York TN Business Owners
Effective March 1, 2026, the Small Business Administration eliminated TN visa holders from eligibility for SBA 7(a) and SBA 504 loans. In New York, this affects thousands of TN professionals who have built successful businesses and previously qualified — or planned to qualify — for SBA financing. The industries most affected include Finance, consulting, law, technology, media, architecture, real estate.
Bankable is not an SBA lender. We deploy our own capital based on business revenue performance. TN holders in New York who have been declined by banks or lost SBA eligibility can apply with Bankable and receive a decision within 48 hours. Learn more about SBA alternatives for TN holders.
How TN Holders Build Businesses in New York
New York does not border Canada or Mexico directly, but its role as a global financial and professional services hub makes it a top TN destination. TN holders in NY often maintain business interests in Toronto or Mexico City.
The typical TN business owner in New York has been in the US for 3-10 years, has established financial history through their primary TN employment, and owns their business through a US LLC or corporation registered in New York or Delaware. Many are married, with a spouse who may have separate work authorization — allowing a natural operator structure for businesses that the TN holder would not work in directly.
Industries Most Common Among TN Business Owners in New York
- Finance
- consulting
- law
- technology
- media
- architecture
- real estate
Bankable Funding Products Available in New York
- Revenue-based capital: $25,000 to $5,000,000 based on monthly business revenue with repayment as a percentage of daily sales
- Equipment financing: Asset-backed financing for business equipment using the equipment as collateral
- Business lines of credit: Revolving credit for ongoing operational needs
- Working capital advances: Fast capital for immediate business needs with 48-hour decisions
Check your Bankability Score to see your preliminary funding capacity based on your New York business revenue. The assessment takes 5 minutes and creates no obligation. Learn how Bankable compares to SBA loans for TN visa holders specifically.
Revenue-Based Capital
Up to $5M based on business revenue. Repay as a percentage of daily deposits.
Apply Now →Business Line of Credit
Revolving credit for operational needs. Draw what you need, repay, draw again.
Explore →Frequently Asked Questions
Yes. Bankable provides revenue-based capital to TN visa holders operating US businesses in all 50 states. No green card or permanent residency is required.
The SBA updated its eligibility rules effective March 1, 2026, excluding TN visa holders from SBA 7(a) and SBA 504 programs. Bankable provides a non-SBA alternative with 48-hour decisions.
Bankable reviews 3-6 months of business bank statements, merchant processing data, and basic business documents. State of operation does not affect eligibility. Revenue quality and consistency are the primary underwriting factors.
Bankable delivers decisions within 48 hours of a complete application. Funds are typically available within 3-5 business days.
No. Bankable evaluates the business entity's revenue, not physical location requirements. You must have a US-registered business entity and SSN to apply.
TN holders in New York are most commonly found in Finance, consulting, law, technology, media, architecture, real estate. The specific concentration varies by region within the state — New York City has the highest concentration of TN professional business owners.
Yes. Canadian TN holders operating businesses in New York are eligible for Bankable capital. Business bank statements showing New York-based revenue are the primary underwriting input.
Yes. Mexican TN holders with US businesses operating in New York are fully eligible for Bankable funding. Revenue from New York-based operations qualifies for revenue-based capital advances.
Yes. Bankable funds TN visa businesses throughout New York, including New York City and all other metropolitan and rural areas. Location within the state does not affect eligibility.
Bankable funds up to $5,000,000 based on monthly business revenue. The specific amount is determined by revenue volume, consistency, and business profile. Check your Bankability Score for a preliminary estimate.