Key Takeaways
- Bankable provides $10K to $500K equipment financing for U visa holders — no green card required
- Equipment serves as collateral, making approval easier than unsecured financing
- Restaurant equipment, vehicles, construction tools, and industrial machinery all qualify
- Decisions within 48 hours — critical when a broken piece of equipment stops your business
- SBA equipment loans now blocked for U visa holders — Bankable is the private alternative
Equipment is often the single largest capital expenditure a small business makes — and equipment failure is one of the most disruptive events a business can experience. A broken commercial oven shuts down a restaurant. A truck out of service kills a week of landscaping revenue. A concrete mixer breakdown delays a construction contract. For U visa holders, the traditional path — an SBA equipment loan at competitive rates — is now blocked. Bankable provides private equipment financing that uses the equipment itself as collateral.
How Equipment Financing Works for U Visa Holders
Bankable's equipment financing process is straightforward:
- You identify the equipment you need (new or used) and get a vendor quote or auction listing
- You submit 3 months of bank statements, your EAD, and the equipment quote to Bankable
- We evaluate the equipment's value and your ability to generate revenue with it
- We fund the purchase directly — either to you or to the vendor
- The equipment serves as collateral; repayment is structured as a fixed daily payment or revenue percentage
Equipment Categories Bankable Finances
- Restaurant equipment: Commercial ovens, walk-in coolers, fryers, hood systems, POS systems
- Construction equipment: Excavators, skid steers, trailers, concrete mixers, scaffolding systems
- Commercial vehicles: Box trucks, flatbeds, refrigerated vans, work trucks, pickup trucks
- Landscaping equipment: Mowers, trimmers, irrigation systems, and trailers
- Laundry and cleaning equipment: Industrial washers, dryers, and floor cleaning machines
- Medical and dental equipment: Exam chairs, diagnostic equipment, and sterilization units
Apply at Bankable's Bankability Score. Also see our dedicated page on equipment financing without a green card.
Frequently Asked Questions
Yes. Equipment financing uses the equipment itself as collateral — making it more accessible than unsecured loans. Bankable funds U visa holders based on their revenue and the equipment's value.
Restaurant equipment, commercial vehicles, construction machinery, landscaping equipment, laundry equipment, and most revenue-generating equipment qualify.
Yes. Used equipment in good working condition is eligible. We typically require an independent inspection or dealer verification for used equipment above $50K.
Decisions within 48 hours. Emergency equipment financing (for broken critical equipment) can be expedited to 24 hours in many cases.
$10,000 average monthly revenue over the past 3 months.
Yes, through a sale-leaseback arrangement where we purchase the equipment and you lease it back — providing immediate cash while keeping the equipment in service.
Typically 10-20% of the equipment cost. For well-established businesses with strong revenue, 0% down is sometimes available.
3 months of bank statements, your EAD, EIN, a vendor quote or equipment appraisal, and photos of the equipment for used purchases over $25K.