Key Takeaways
- MI U visa holders are concentrated in Detroit, Grand Rapids, Lansing, and Southwest Michigan
- Bankable funds MI businesses on revenue — no green card required
- SBA loans blocked for U visa holders as of March 2026
- Funding from $25K to $750K for MI businesses with 6+ months of revenue
- Top industries: automotive support, agriculture, food service, cleaning, and construction
Michigan's immigrant business community includes significant concentrations in Detroit's southwest and southwest suburbs, Grand Rapids (which has a large Guatemalan community), Lansing, and the agricultural communities of southwest Michigan's blueberry and apple-growing regions. U visa holders in Michigan work across automotive supply chain support, agricultural contracting, food service, and construction.
Michigan's manufacturing economy creates opportunities for U visa holder-owned businesses in parts cleaning, logistics, and tooling support services. Bankable evaluates these businesses on their monthly revenue and customer contracts — not on immigration status.
Michigan Industries Bankable Funds
- Automotive support: Parts cleaning, logistics, and small manufacturing suppliers in metro Detroit
- Agriculture: Blueberry and apple farm support businesses in Allegan and Van Buren counties
- Restaurants: Mexican and Latin American food service in Detroit, Grand Rapids, and Lansing
- Construction: Residential and commercial construction subcontracting throughout Michigan
- Cleaning services: Residential and commercial cleaning across the state
Apply at Bankable's Bankability Score or call (786) 443-5511.
Frequently Asked Questions
Yes. Michigan-based U visa holders with 6+ months of revenue qualify for Bankable's funding. No green card required.
Yes. We serve businesses in Wayne, Kent, Ingham, and all Michigan counties.
3 months of business bank statements, your EAD, EIN, and I-918 notice or U visa stamp.
Most MI 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 EAD is sufficient to apply.
Yes. Farm support, produce hauling, and agricultural contracting businesses are eligible.
Up to $750K. Amounts above $250K require 12+ months of documentation.