Key Takeaways
- MA U visa holders are concentrated in Boston, Worcester, Springfield, and Lawrence
- Bankable funds MA businesses on revenue — no green card or permanent residency required
- SBA loans blocked for U visa holders as of March 2026
- Funding from $25K to $750K for MA businesses with 6+ months of revenue
- Top industries: restaurants, cleaning, construction, child care, and retail
East Boston is one of the most densely populated Central American immigrant neighborhoods in New England. Salvadoran, Guatemalan, and Colombian business owners in East Boston run restaurants, cleaning services, child care centers, and construction businesses. Worcester's Latino community — primarily Puerto Rican and Dominican — includes many U visa holder-owned businesses in the food service and retail sectors.
Springfield and Lawrence both have significant Dominican and Puerto Rican immigrant business communities where U visa holders operate in food service, hair care, retail, and transportation. Massachusetts banks, despite the state's generally progressive immigration policies, apply standard residency requirements that exclude U visa holders from business lending.
Massachusetts Industries Bankable Funds
- Restaurants: Salvadoran, Guatemalan, Colombian, and Dominican food service in East Boston and Worcester
- Cleaning services: Residential and commercial cleaning across Greater Boston
- Construction: Painting, roofing, tile, and drywall subcontracting in Boston's renovation market
- Child care: Licensed family daycares in immigrant communities
- Retail: Bodegas, Latin American markets, and beauty supply stores
Apply at Bankable's Bankability Score or call (786) 443-5511.
Frequently Asked Questions
Yes. Massachusetts U visa holders with 6+ months of business revenue qualify for Bankable's funding. No green card required.
Yes. We serve businesses throughout Suffolk, Middlesex, Worcester, Hampden, and all Massachusetts counties.
3 months of business bank statements, your EAD, EIN, and I-918 notice or U visa stamp.
Most MA applicants receive a decision within 24-48 hours and funding within 3-5 business days.
Yes. $10,000 average monthly revenue over the past 3 months.
Yes. Deferred action plus an active EAD qualifies you to apply.
Some Massachusetts state programs technically allow non-citizens, but nearly all require permanent residency in practice. Bankable is a fully private lender with no residency requirement.
Up to $750K. Amounts above $250K require 12+ months of documentation.