Key Takeaways
- TPS farm operators and agricultural contractors qualify based on crop and contract revenue
- Equipment, irrigation, and seasonal working capital all fundable
- USDA loan exclusion is not a barrier — Bankable is a private lender
- No green card or citizenship required
- 48-hour decisions — fund your planting season or equipment upgrade
Agricultural work has been foundational to the TPS holder community since the beginning. Many Salvadoran and Guatemalan TPS holders arrived with deep agricultural expertise and have built farming operations and agricultural contracting businesses — crop harvesting, pruning, irrigation installation, and farm labor contracting. TPS farm operators in California's Central Valley, North Carolina, and Florida face the same capital exclusion barriers as urban TPS entrepreneurs. USDA farm loans require citizenship. SBA loans now require citizenship. Bankable requires only revenue.
Agricultural Funding Uses
- Equipment financing: Tractors, irrigation systems, harvesters, and farm vehicles
- Seasonal working capital: Seed, fertilizer, labor, and operating costs ahead of harvest revenue
- Irrigation infrastructure: Drip irrigation systems, pumps, and water storage
- Cold storage: Refrigeration equipment for post-harvest storage and distribution
- Agricultural contracting: Equipment and working capital for farm labor contracting businesses
Frequently Asked Questions
Yes. Bankable provides agricultural funding to TPS holders based on farm revenue. No green card, USDA eligibility, or citizenship required.
Tractors, irrigation systems, harvesters, planting equipment, farm trucks, and cold storage units. Equipment serves as collateral.
We evaluate annual agricultural revenue and account for harvest season concentration. Crop contracts and buyer agreements can supplement bank statement documentation.
Yes. Seasonal working capital advances cover seed, fertilizer, labor, and equipment rental costs ahead of harvest revenue.
We typically fund farm operations with at least $80,000 in annual agricultural revenue. Smaller operations may qualify for equipment financing based on the equipment's value.
Yes. Farm labor contractors with documented payroll and revenue records qualify for working capital and equipment financing.
No. Bankable is a private lender. USDA eligibility requirements do not apply to our products.
Yes. Adding value-added food processing to a farm is a strong business move and an approvable use. See our TPS food processing funding page for more details.