Key Takeaways
- SBA rejection due to TPS is due to the 2026 rule — not your creditworthiness
- Bankable is a private non-SBA lender — the rule does not apply to us
- Revenue-based funding up to $5M available without green card
- 48-hour decisions — move quickly after SBA rejection
- Your business revenue is your qualification — apply today
If you received an SBA loan rejection citing your TPS status in 2026, you are not alone — and it is not a reflection of your business's creditworthiness or your character. The SBA's updated 2026 eligibility rules require 100% US citizen or national ownership for all SBA 7(a) and 504 loans. This rule, which went into effect in 2026, has disqualified every TPS holder in the United States from the SBA program regardless of how strong their business, credit, or tax history.
Here is what that rejection letter actually means: the SBA cannot fund you because of a policy rule that has nothing to do with your business's viability. What it does not mean: that no lender will fund you. Bankable is a private commercial lender. We are not an SBA lender. Our eligibility rules are based on revenue, not citizenship.
Your Next Steps After SBA Rejection
- Keep the rejection letter: It documents that you applied and were declined for a policy reason, not a credit reason. This can be useful context for other lenders.
- Check your Bankability Score: Our assessment tool evaluates your business on the factors that actually predict loan success. See your real options in 5 minutes.
- Prepare your documents: 6 months of business bank statements, your EIN, and your current EAD. That's all you need for most Bankable applications.
- Apply to Bankable: 48-hour decision. Decisions are based on revenue. Amounts up to $5M. Call (786) 443-5511 or apply online.
Why Bankable Is Different from the SBA
The SBA is a government agency. Bankable is a private commercial lender. The SBA sets its own eligibility rules that are independent of actual creditworthiness. Bankable's eligibility rules are based on revenue, business history, and repayment capacity — the actual metrics of a creditworthy borrower. Read our full guide to SBA alternatives for TPS holders in 2026.
Frequently Asked Questions
The SBA's 2026 rules require 100% US citizen or national ownership. TPS holders are not US citizens or nationals, even if they have lived here for 25 years. This is a policy rule, not a creditworthiness assessment.
There is no meaningful appeal process for TPS rejection because it is a categorical eligibility rule, not a judgment call. The solution is to apply to a non-SBA lender like Bankable.
Bankable is a private commercial lender. We are not bound by SBA eligibility rules. We evaluate your business on revenue and repayment capacity — not immigration status.
Yes. SBA rejection does not affect your eligibility for Bankable products. Many of our most successful TPS borrowers came to us directly from an SBA rejection.
A loan application typically generates a hard inquiry on your credit report. The rejection itself does not — only the inquiry. A single hard inquiry has minimal long-term impact.
If your SBA rejection cited issues beyond TPS status — low credit, insufficient revenue, etc. — address those underlying factors. Bankable can sometimes work with these challenges, but stronger applications get better terms.
Yes. If your immigration status changes to lawful permanent residence or citizenship, you would become eligible for SBA programs. Until then, Bankable is your alternative.
Apply to Bankable immediately. 48-hour decision. 3-5 business days from approval to funding. You can have capital in your account within a week of your SBA rejection.