Key Takeaways
- Security businesses are accessible to asylees with state guard licenses
- No green card required — guard license + EAD qualify
- Fund guard payroll bridges, vehicles, uniforms, and equipment
- Afghan, Ethiopian, and Latin American security operators served
- 48-hour decisions
Private security is a sector where military and law enforcement background translates directly to entrepreneurial opportunity. Afghan veterans who served alongside US forces and arrived as Special Immigrant Visa holders (many of whom also applied for asylum) have built security companies in Northern Virginia and Texas. Ethiopian and Eritrean security professionals run guard services in DC and Minneapolis. Cuban and Venezuelan security contractors serve commercial clients in South Florida.
What We Fund
- Guard payroll bridges (contract billing often runs 30-60 days behind payroll)
- Uniforms, equipment, and training costs
- Vehicles for mobile patrol operations
- Insurance and bonding premiums
- Security technology (cameras, access control, monitoring software)
- New contract ramp-up working capital
Minimum: $20,000/month in security contract revenue, 6 months operating, US entity, state security agency license, EAD.
Frequently Asked Questions
Yes. Asylees with EAD can obtain state security agency licenses in most states. Requirements vary — check your state's guard licensing board.
Yes. Payroll bridges for security contracts are the most common use at Bankable for security firms.
$20,000/month in security contract revenue, 6 months operating, state license, EAD.
Yes. New contract ramp-up capital — uniforms, training, insurance — is a valid use.
Yes, provided appropriate licensing and insurance are in place.
Yes. Vehicle purchases are fundable via equipment financing or working capital.
Business bank statements showing client contract payments.
Whatever your state requires for a licensed security agency — typically a state agency license plus individual guard licenses for your employees.