Key Takeaways
- No green card required for retail business funding
- Fund inventory, store buildout, POS systems, and expansion
- Asylee-owned ethnic grocery, beauty supply, and specialty retail funded
- Revenue-based repayment — flex with your sales
- 48-hour decisions
Asylee entrepreneurs run thousands of retail businesses across the United States. Ethiopian and Somali grocers serve immigrant communities in Minneapolis, Columbus, and Seattle. Venezuelan and Colombian shop owners operate specialty food and beauty supply stores in Miami and Houston. Haitian boutique owners sell clothing and accessories in Boston and Fort Lauderdale. Afghan and Kurdish dry goods merchants have anchored immigrant commercial corridors in Northern Virginia and Nashville.
Retail businesses need capital for inventory — the most frequent and most critical need. They also need capital for store improvements, seasonal stocking, new location buildout, and technology upgrades (POS systems, e-commerce integration). Bankable provides working capital against your retail revenue, without requiring a green card.
Retail Businesses We Fund
- Grocery stores and ethnic markets
- Beauty supply and cosmetics retail
- Clothing and apparel boutiques
- Specialty food and import shops
- Cell phone and electronics retail
- Gift and souvenir shops
- Tobacco, vape, and convenience stores
- Religious and cultural goods stores
Inventory Financing for Retail
Inventory is the lifeblood of retail. A grocery store that runs out of popular items loses customers permanently. A clothing boutique that can't stock for the back-to-school or holiday season misses its most profitable period. Bankable's working capital is sized and timed to your inventory cycle — you draw when you need to buy inventory, repay as sales come in, and draw again for the next cycle. Learn more about inventory financing for asylees.
Frequently Asked Questions
For established retail stores with 6+ months of revenue, yes. For brand-new stores with no operating history, we recommend returning after your first 6 months.
At least $15,000/month in retail sales, 6 months operating, US entity, EAD.
Yes. Inventory purchasing is the most common use of retail working capital at Bankable.
Yes. Ethnic grocery stores are a core market for Bankable. We understand the unique revenue patterns and supplier relationships in this category.
Business bank statements, POS reports (Square, Clover, Shopify POS), or credit card processing statements all work.
Yes. Multi-location expansion is one of our most common use cases for retail businesses.
Yes. Online-only retail (e-commerce) qualifies — see our e-commerce funding page for specifics.
Up to $5M. Most retail businesses qualify for 1-2x their monthly revenue in working capital.