Key Takeaways
- E-2 senior care and home care agency owners qualify for Bankable funding based on client billing revenue
- Caregiver hiring, vehicle acquisition, and geographic expansion are all eligible uses
- Filipino, Korean, Caribbean, and African E-2 investors are active in the US senior care sector
- Medicaid and private-pay senior care revenue provides strong, predictable underwriting documentation
- Funding from $150K to $5M with 48-hour preliminary decisions
The US senior care industry is one of the most structurally resilient business sectors: 10,000 Baby Boomers turn 65 every day, demand for home care vastly exceeds supply, and caregiving is one of the few industries where cultural competence and language skills are direct competitive advantages. Filipino-American investors — drawing on the Philippines’ deep tradition of healthcare and caregiving — operate a significant proportion of US home care agencies. Korean-American investors serve Korean-speaking seniors in major metro areas. Caribbean and African E-2 holders build Medicaid-certified home health agencies in urban markets.
Senior care revenue is well-documented through Medicaid billing systems, private-pay invoices, and insurance EOBs. Medicaid home care contracts, in particular, represent predictable, government-backed revenue that Bankable values highly. Private-pay rates are documented through client service agreements and automatic billing. Together, these create a clear, verifiable revenue picture for underwriting.
Senior Care Business Capital Uses
- Caregiver hiring and training: Working capital to recruit, train, and onboard caregivers for new client contracts
- Transportation: Vehicles for client transportation to medical appointments and adult day programs
- Geographic expansion: Opening a new service territory or county with Medicaid provider enrollment
- Technology: Homecare software, scheduling systems, and remote monitoring platforms
- Licensing and accreditation: Joint Commission or CHAP accreditation program costs
Frequently Asked Questions
Yes. E-2 home care and senior care agency owners with documented Medicaid and private-pay revenue qualify for Bankable funding. No green card required.
Home health agencies, personal care agencies, adult day health programs, companion care services, and senior transportation companies qualify.
We accept Medicaid billing records, private-pay client invoices, bank statements showing payer deposits, and home care software exports.
Yes. Caregiver staffing expansion for new client contracts is the most common use of Bankable capital for senior care agencies.
Most Bankable senior care clients have $400K+ in annual billing revenue. Agencies with strong Medicaid contracts may qualify at lower private-pay volumes.
Yes. Geographic expansion — Medicaid enrollment, marketing, and initial staffing in a new territory — is an eligible use.
Yes. Adult day health programs with documented Medicaid and private-pay attendance revenue qualify.
Medicaid typically pays within 2-4 weeks of claim submission. We understand this cycle and can structure working capital lines to bridge payroll while awaiting reimbursements.