Key Takeaways
- No green card required — revenue and US entity qualify
- Fund equipment, raw materials, and production expansion
- Asylee-owned garment, food, and specialty manufacturers served
- Equipment financing available with machinery as collateral
- 48-hour decisions
Manufacturing businesses owned by asylees tend to fall into specific niches where the owners bring technical expertise, cultural knowledge, or supply chain relationships from their home countries. Ethiopian and Eritrean garment manufacturers supply clothing to local retailers in DC and Atlanta. Venezuelan and Colombian food manufacturers produce specialty sauces, beverages, and snacks for ethnic grocery markets. Afghan and Turkish textile producers supply rugs, textiles, and home goods. Haitian manufacturers produce building materials and consumer goods in South Florida.
Manufacturing businesses have high capital intensity — equipment is expensive, raw materials must be purchased before products are sold, and production cycles mean cash is tied up for weeks or months. Bankable's manufacturing funding addresses this capital gap.
What We Fund
- Production equipment purchase or lease-buyout
- Raw material and component inventory
- Factory lease deposits and buildout
- Working capital to bridge production-to-sale cycle
- Hiring and training production workers
- Quality control and compliance systems
Equipment Financing for Manufacturers
For heavy equipment — CNC machines, industrial ovens, packaging lines, injection molding equipment — Bankable can structure equipment financing where the machinery serves as collateral. This typically allows for larger amounts and longer repayment terms than unsecured working capital. Learn more about equipment financing without a green card.
Frequently Asked Questions
Yes. Asylee manufacturers with work authorization, a US business entity, and documented revenue qualify for Bankable's funding.
At least $20,000/month in manufacturing revenue, 6 months operating, US entity, EAD.
Yes. Equipment financing with the machinery as collateral is available. Revenue-based working capital is also available for raw materials and operating costs.
Repayment is a percentage of your monthly revenue. During production cycles where cash is tight, lower repayment protects your cash flow.
Yes. Food manufacturers — sauces, beverages, snacks, specialty foods — are a common category. FDA registration and food safety compliance are assumed.
Business bank statements, EIN, EAD, and basic business information. For equipment financing, equipment specifications and vendor quotes are also required.
Yes. Payroll and staffing costs are a valid use of manufacturing working capital.
Up to $5M. For large equipment, we may be able to go higher on a case-by-case basis.