TN Visa Commercial Property: Own Your Space Without a Green Card

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Key Takeaways

Buying commercial property is one of the most financially significant decisions a business owner can make — and for TN visa holders, it comes with unique considerations. You can legally purchase commercial real estate in the United States regardless of immigration status, but the financing landscape changed dramatically in March 2026 when SBA 504 loans became unavailable to TN holders.

The SBA 504 Problem for TN Holders

SBA 504 loans were the gold standard for owner-occupied commercial real estate — 10-20% down, 25-year terms, and below-market fixed rates. As of March 2026, TN holders are excluded. This affects thousands of TN professionals who have been in the US for 5-15 years and are financially ready to purchase their business space.

Bankable provides bridge capital and revenue-based financing to fill this gap. While Bankable's products are not 25-year mortgage instruments, they serve as acquisition bridges while TN holders pursue conventional commercial mortgages through portfolio lenders who have no immigration restrictions.

Learn more about Bankable's alternatives to SBA 504 and 7(a).

How TN Holders Buy Commercial Property

The most common path: a TN holder's LLC purchases the commercial property using a combination of business equity (down payment), Bankable bridge capital, and a conventional commercial mortgage from a portfolio bank or credit union. Portfolio lenders — unlike SBA-backed lenders — set their own eligibility rules and many will lend to TN holders with strong business income and creditworthiness.

Key factors that portfolio lenders evaluate: business revenue and DSCR (debt service coverage ratio), personal credit score, down payment (typically 25-35% for commercial), property type and condition, and lease history if applicable.

Why TN Holders Should Consider Commercial Real Estate

For TN professionals who have been in the US for 5+ years with no immediate path to permanent residency, commercial real estate serves as a store of value that transcends visa status. The property is owned by the LLC, not the TN holder personally — meaning a visa interruption doesn't necessarily affect the asset. The business continues operating, the property continues appreciating, and the TN holder retains ownership through the entity.

Check your Bankability Score to understand your capital access before approaching property sellers.

Bankable's Role in Commercial Property Transactions

Bankable provides: acquisition bridge loans for time-sensitive property purchases, renovation capital for buildings requiring tenant improvements, working capital to supplement down payments, and equipment financing for property-specific buildouts. Our 48-hour decisions often mean the difference between securing a property and losing it to a faster buyer.

$5M
Max Capital
48hr
Decision Time
30yr
Max Property Hold
0
Green Cards Needed

Frequently Asked Questions

Can a TN visa holder buy commercial property in the US?
Yes. There are no federal restrictions on non-citizens purchasing commercial real estate. TN holders can and do own commercial properties through their business entities.
Are SBA 504 loans available for TN holders to buy commercial property?
No. As of March 2026, SBA 504 loans require lawful permanent resident status or citizenship. TN holders must use conventional commercial mortgages or Bankable's bridge capital.
What is Bankable's role in commercial property purchases?
Bankable provides bridge capital, renovation funding, and working capital to complement your down payment and help you secure conventional commercial financing. We are not a mortgage lender.
How do I title commercial property as a TN visa holder?
Most immigration attorneys recommend titling commercial property through an LLC or corporation rather than personally. This separates the asset from your immigration status.
What down payment do I need for commercial property?
Conventional commercial mortgages typically require 25-35% down. SBA 504 required only 10%, which is now unavailable. Bankable can help bridge the gap if your down payment needs supplementing.
How much can Bankable fund for a commercial property transaction?
Up to $5M in bridge or renovation capital. The amount depends on your business's trailing revenue.
Can I rent out part of my commercial building?
Yes. Owner-occupied commercial properties can have tenant space. This rental income can also factor into your Bankability Score assessment.
What happens to my commercial property if my TN status changes?
The property is owned by your LLC, not personally. A change in immigration status affects you personally but not the LLC's ownership of the property. Consult an attorney for your specific situation.

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