Key Takeaways
- E-2 legal support service business owners with documented client revenue qualify for Bankable funding
- Note: Law firms owned by non-attorneys are restricted in most states; legal support businesses are eligible
- Korean, Chinese, and Mexican E-2 investors operate immigration consulting and legal translation businesses
- Legal services support businesses generate clean invoice revenue ideal for Bankable underwriting
- Funding from $100K to $3M with 48-hour preliminary decisions
Direct law firm ownership by non-attorneys is restricted in most US states, making attorney-owned practices ineligible for E-2 investment by non-lawyer investors. However, the legal services support sector — litigation support companies, legal document management, court reporting, translation and interpretation for legal proceedings, immigration consulting (non-attorney), and law firm technology companies — represents a broad and growing market that E-2 investors can participate in directly. Korean-American immigration consultants (registered representatives rather than attorneys) serve Korean business visa applicants. Chinese-American legal translation services handle the enormous volume of Mandarin-English translation required by courts and law firms. Mexican and Latin American E-2 investors operate Spanish-language legal document preparation services.
Legal support service revenue is well-documented: court reporting agencies bill by the transcript page, translation services invoice by the word or hour, immigration consulting businesses charge flat fees per petition, and litigation support companies bill by the document set. These clean, invoice-based revenue streams are straightforward for Bankable to underwrite.
Legal Services Business Capital Uses
- Staff expansion: Hiring translators, paralegals, court reporters, or case managers
- Technology: Legal software, translation platforms, document management systems
- Office buildout: Expanding to accommodate more clients and staff
- Marketing: Reaching new law firms or immigration attorneys who need support services
- Acquisition: Buying an existing legal support company to scale client base quickly
Working Capital Line
Revolving access for staff payroll and technology costs during growth phases.
Learn More →Revenue-Based Funding
Non-dilutive capital based on client invoice revenue. Scale your legal support business.
Apply Now →Consulting Business Funding
Related capital solutions for professional service and consulting businesses.
Learn More →Frequently Asked Questions
Generally not directly, as most states require attorney ownership of law firms. E-2 investors can own legal support service companies — translation, litigation support, court reporting, immigration consulting — that serve the legal industry.
Litigation support, legal translation, court reporting, immigration consulting (non-attorney), legal document management, and law firm technology businesses qualify.
We accept signed service agreements, invoice aging reports, court reporting billing records, and bank statements.
Yes. Immigration consulting businesses (registered with EOIR or similar) with documented client revenue qualify for Bankable funding.
Most Bankable legal services clients have $300K+ in annual invoice revenue.
Yes. Staff expansion for client capacity growth is a standard Bankable use case.
Yes. Acquisitions of legal support businesses with documented revenue histories are eligible.
Yes. Immigration document preparation, translation, and consulting support businesses qualify.