Key Takeaways
- Bankable's primary requirement: $15,000+ in monthly business revenue for 6+ months
- You need an SSN, EIN, and US business bank account — all accessible to TN holders
- No immigration documents, green card, or citizenship required by Bankable
- Personal credit score is a factor but not a hard cutoff — strong revenue can offset lower scores
- Business entity must be US-registered (LLC, S-corp, or C-corp) — not required to be in Delaware
Understanding what Bankable actually requires — versus what traditional banks and SBA lenders require — is the critical first step for TN visa holders seeking business capital in 2026. This guide walks through every Bankable eligibility requirement precisely, so you know exactly whether you qualify before investing time in the application.
Core Eligibility Requirements
Requirement 1: US-registered business entity. Your business must be a US LLC, S-corporation, or C-corporation registered with any US state. Sole proprietorships without formal entity registration are typically not eligible. Delaware, Wyoming, and your home state are all acceptable. The entity must be active and in good standing.
Requirement 2: Federal EIN. You must have an Employer Identification Number (EIN) from the IRS. TN holders can obtain an EIN without a green card or citizenship — you simply need an SSN or ITIN and complete IRS Form SS-4. EINs are free and issued within minutes online.
Requirement 3: SSN. A Social Security Number is required. TN visa holders receive SSNs as part of the USCIS authorization process. If you have a TN and are working in the US, you have an SSN.
Requirement 4: US business bank account. Your business must have an active US business checking account. Most major and regional banks will open a business account for a TN holder with an EIN and business entity documents.
Requirement 5: Minimum $15,000 monthly revenue for 6+ months. Bankable requires demonstrated, consistent revenue. $15,000/month ($180,000 annually) for at least 6 consecutive months is the baseline. Some Bankable products require higher revenue thresholds for larger facilities.
Secondary Factors That Affect Approval and Terms
Personal credit score: Bankable reviews personal credit as one factor. A score of 600+ is typical for approval, though strong revenue can offset a lower score. Scores above 700 typically result in better pricing. Business age: Bankable prefers businesses with 12+ months of operating history. 6-12 month businesses may qualify for smaller initial facilities. Revenue trend: Growing revenue (even modest growth) significantly improves approval likelihood and facility size. Declining revenue triggers more scrutiny. Industry: Most industries are eligible. Some industries (adult entertainment, firearms dealers, cannabis) are not eligible.
Check your Bankability Score to see exactly where you stand against these criteria.
What Is NOT Required
To be explicit: Bankable does NOT require: TN visa documentation, I-94 records, USCIS approval notices, immigration attorney verification, green card, US citizenship, collateral (for revenue-based products), personal real estate equity, or 2-year banking history with Bankable specifically. This is the fundamental difference between Bankable and traditional lenders.
Disqualifying Factors
Bankable may decline applications with: open bankruptcies or recent (within 3 years) bankruptcy discharge, active liens exceeding business value, revenue below $15,000/month consistently, less than 6 months of business history, or businesses in ineligible industries. These are business factors — not immigration factors — and apply equally to all borrowers regardless of visa status.
Learn more about Bankable's complete product suite and eligibility by product.