Key Takeaways
- Clinical labs and biotech companies with TPS qualify
- Lab equipment financing uses instruments as collateral
- Contract lab testing revenue and research contracts both qualify
- No green card or SBA eligibility required
- 48-hour decisions for biotech and lab businesses with documented revenue
Clinical laboratories and biotech companies operated by TPS entrepreneurs serve the healthcare ecosystem with diagnostic testing, contract research, and specialized assay services. Venezuelan and Ukrainian TPS holders with PhDs and research backgrounds have built contract research organizations (CROs) and clinical labs in partnership with healthcare systems and pharmaceutical companies. A clinical lab performing 500+ tests daily generates $600,000-$2M+ annually with insurance reimbursement and hospital contract revenue providing highly predictable income.
Biotech and Lab Funding Uses
- Lab equipment: Mass spectrometers, PCR machines, sequencers, centrifuges, and automated analyzers
- CLIA certification: Fund the compliance costs for CLIA-certified clinical laboratory status
- Working capital: Reagents, supplies, and staffing costs before insurance reimbursement
- Research contracts: Advance against signed pharma or CRO research contracts
- Facility expansion: Additional clean room, BSL-2 lab space, or specialized testing capacity
Frequently Asked Questions
Yes. TPS holders with appropriate scientific credentials and state/federal certifications can own clinical labs and biotech companies. Bankable provides funding based on revenue.
PCR machines, mass spectrometers, flow cytometers, sequencers, automated analyzers, centrifuges, and laboratory furniture. Equipment serves as collateral.
CLIA certification is required for clinical labs and demonstrates legal operating status. It strengthens your application by confirming regulatory compliance.
Typically $100K-$2M depending on revenue and equipment value. Labs with significant equipment assets qualify for larger amounts.
Yes. Advance funding against signed CRO or pharmaceutical research contracts is available with the contract as supporting documentation.
Early-stage labs with minimal revenue can qualify for equipment financing based on equipment value if the instruments are substantial collateral.
Yes. Ukrainian TPS holders with scientific credentials and research businesses qualify like any other TPS holder.
Check your Bankability Score or call (786) 443-5511.