Key Takeaways
- Asylee entrepreneurs operate motels, boutique hotels, and B&Bs across the US
- No green card required — EAD and US entity qualify
- Fund renovation, FF&E, working capital, and expansion
- Revenue-based repayment fits occupancy-driven cash flow
- 48-hour decisions
The US hospitality industry has a long tradition of immigrant ownership — particularly in the independent hotel and motel segment. While the most famous example is the Patels (Indian-American hoteliers who own an estimated 40% of US budget hotels), asylee entrepreneurs from many countries have entered hospitality. Ethiopian and Eritrean investors have acquired motels in the Southeast. Afghan entrepreneurs operate extended-stay properties in Northern Virginia. Haitian families own small hotels and guesthouses in Florida.
Hospitality businesses need capital for renovation (to maintain brand standards or flag conversion), furniture, fixtures and equipment (FF&E), working capital during low-occupancy seasons, and marketing. Bankable provides operating capital based on your RevPAR and occupancy revenue.
What We Fund
- Room renovation and property improvement
- FF&E (furniture, fixtures, equipment) replacement
- Seasonal working capital (shoulder season bridge)
- Marketing and OTA optimization costs
- Staff payroll and seasonal hiring
- PMS and property management software
Minimum: $30,000/month in hotel room revenue, 12 months operating, US entity, EAD.
Frequently Asked Questions
Yes. Asylee hotel operators with EAD, a US business entity, and $30,000+/month in room revenue qualify for Bankable funding.
No. Bankable provides operating capital — not property mortgages. For hotel acquisition financing, look at private money lenders.
$30,000/month in room revenue, 12 months operating.
Yes. Capital improvement funding for room renovation is a common use.
Yes. Multi-unit Airbnb operators with $15,000+/month in rental revenue qualify.
Business bank statements, PMS reports, or OTA payout records (Airbnb, Booking.com, Expedia).
Yes. OTA optimization, Google Ads, and direct booking marketing are valid uses.
Yes. Independent boutique hotels and bed-and-breakfasts qualify based on revenue.