Key Takeaways
- TPS holders CAN get business loans in 2026 — from private lenders
- The SBA's 2026 rule blocks government-backed loans, not all loans
- Bankable provides revenue-based funding without citizenship requirements
- Your EAD, EIN, and 6 months of bank statements are all you need
- 48-hour decisions and up to $5M available to qualified TPS businesses
The short answer is: yes, TPS holders can get business loans in 2026 — but the landscape has changed significantly. The SBA's updated eligibility rules, effective in 2026, require 100% US citizen or national ownership for all SBA 7(a) and 504 loan programs. This eliminates TPS holders from government-backed loans. But the SBA is not the only source of business capital.
Private commercial lenders like Bankable evaluate borrowers on revenue, repayment capacity, and business history — not immigration status. The SBA's rule change is a government policy decision that does not bind private lenders. Bankable has been funding TPS businesses since before the 2026 rule change, and we continue to fund them after it.
What Changed in 2026 for TPS Business Lending
| Loan Type | Available to TPS Holders in 2026? |
|---|---|
| SBA 7(a) Loans | No — 100% citizen/national ownership required |
| SBA 504 Loans | No — same rule applies |
| SBA Microloans | No — SBA eligibility required |
| Bankable Revenue-Based Funding | Yes — no citizenship required |
| Bankable Equipment Financing | Yes — equipment is collateral |
| Bankable Working Capital | Yes — revenue-based |
| Traditional Bank Loans | Possible — policies vary by bank |
| CDFI Loans | Often yes — many CDFIs serve TPS entrepreneurs |
The Best TPS Loan Options in 2026
Bankable is the fastest and most TPS-friendly option. Check your Bankability Score to see your personalized options. For the full landscape of 2026 options, see our guide to the best funding options for TPS holders.
Frequently Asked Questions
Yes. Private lenders like Bankable fund TPS businesses based on revenue. The SBA's 2026 rule affects government-backed loans only, not private commercial lending.
The SBA requires 100% US citizen or national ownership for 7(a) and 504 loans. TPS holders are neither citizens nor nationals, making them ineligible for SBA programs.
Only if the US citizen owns 100% and you own 0%. A TPS holder owning any percentage of a business disqualifies the business from SBA loans.
Up to $5M depending on your business revenue. Most TPS businesses qualify for $25K-$500K based on their revenue profile.
You do not need to disclose immigration status. You need to provide your EAD number for identity verification. We do not discriminate based on immigration status.
Some state economic development agencies and CDFIs have programs that are not subject to federal SBA rules. Availability varies by state.
Yes. Many business credit card issuers require an EIN but not citizenship. A business credit card is a useful complement to Bankable working capital.
This is uncertain and depends on future policy decisions. TPS holders should plan around the current reality and work with private lenders like Bankable in the meantime.