Key Takeaways
- DACA recipients hold state insurance licenses and operate independent insurance agencies and brokerages
- Bankable funds book-of-business acquisition, staffing, and technology with no citizenship requirement
- Recurring commission revenue from insurance renewals provides strong, predictable bankability evidence
- SBA insurance business loans now closed to DACA owners — Bankable fills the gap with 48-hour decisions
- Your commission revenue and book of business are your bankability — no green card needed
DACA entrepreneurs have built successful Insurance Brokerage businesses across the United States. With valid Employment Authorization Documents and Social Security Numbers, they run operations, employ American workers, and pay taxes — yet face systematic exclusion from the capital markets that fund their competitors. Bankable exists to correct that.
What Insurance Brokerage Businesses Fund With Capital
- Book of business acquisition: Buying an existing insurance agent's client portfolio
- Staffing: Licensed agents, customer service representatives, and marketing coordinators
- Technology: AMS (Agency Management System), quoting platforms, and CRM software
- Marketing: Google Ads, referral programs, community outreach for new client acquisition
- Working capital: Operating costs between commission payment cycles (monthly or quarterly)
- E&O insurance: Errors and omissions coverage required for licensed brokerage operations
The SBA Gap and the Bankable Solution
The SBA's March 2026 citizen-only rule eliminated the most affordable small business lending program for DACA owners. Bankable's revenue-based tranche funding fills this gap: no citizenship required, no green card needed, 48-hour decisions. Your insurance brokerage revenue is your qualification. Learn more about SBA alternatives for DACA business owners.
Funding Requirements
| Factor | Bankable Standard |
|---|---|
| Immigration | DACA with EAD + SSN — no green card required |
| License | Valid state insurance producer license required |
| Revenue | $10,000+ monthly from insurance commissions |
| Business Age | 12 months of insurance business operations |
| Funding Range | $15K to $2M based on book value and revenue |
Check your eligibility at bankablefunds.com/bankability-score — a 5-minute process with no commitment and no citizenship questions.
Frequently Asked Questions
Yes. DACA status with a valid EAD and SSN qualifies for Bankable funding. No citizenship or green card is required. Your insurance revenue is the primary qualification factor.
EAD card, SSN, 3 months of business bank statements, business license, and a voided business check. No green card or citizenship documentation required.
Yes. The SBA's March 2026 rule now requires all SBA loan borrowers to be US citizens or nationals, locking out DACA recipients. Bankable's revenue-based funding is the direct alternative with no citizenship requirement.
Bankable issues decisions within 48 hours of a complete application. Funding typically arrives 3–7 business days after approval.
Bankable funds up to $5M through our tranche system. Actual amounts depend on your monthly revenue and business profile.
Yes — your EAD must be current at the time of application. DACA's renewal cycle does not disqualify you — we understand the administrative process.
Yes. A revolving business line of credit is available for established businesses with consistent monthly revenue. Draw, repay, and redraw as your business cycle requires.
Revenue-based funding carries a higher rate than SBA loans. For DACA owners who cannot access the SBA program, the comparison is between Bankable's rates and no access at all. We price transparently based on your full profile.
Yes. Staffing expansion is a covered use case. Adding employees directly increases your revenue capacity and is one of the most common uses of Bankable capital.
We accept 3 months of business bank statements, POS reports, QuickBooks exports, and industry-specific revenue documentation. We look for consistent monthly revenue over your operating history.