Key Takeaways
- Equipment financing uses the asset as collateral — more accessible for E-3 holders than unsecured loans
- All business equipment types: medical, industrial, restaurant, vehicle, tech, and more
- Up to 90% of equipment value funded with terms up to 60 months
- Lower rates than unsecured working capital due to collateral
- 48-hour decisions up to $5M per equipment package
Equipment financing is structurally more accessible for non-citizens than unsecured business loans because the equipment itself serves as collateral. The lender's primary risk is equipment value, not borrower citizenship. This makes equipment financing one of the most viable capital products for E-3 holders who need to acquire business-critical equipment.
Bankable finances business equipment across all industries: commercial kitchen equipment, medical and dental devices, manufacturing machinery, vehicles, computers and technology, restaurant fit-out, fitness equipment, and everything else a business needs to operate. The equipment must be business-use only, and the business must have been operating for at least 6 months with a US bank account.
The E-3 Funding Barrier
The SBA's 100% citizen/national ownership rule disqualifies every E-3 holder from government-backed loans — regardless of how long you've been in the US, how profitable your business is, or how strong your credit score is. Banks that primarily originate SBA loans have no viable product to offer you. That's not a reflection of your business quality; it's a policy gap that Bankable was built to bridge.
Revenue-based funding through Bankable requires no green card, no citizenship, and no SBA involvement. What matters: your business generates consistent revenue, has been operating for at least 6 months, and has a US business bank account. That's the core of what we evaluate. Check your Bankability Score to see your options in minutes.
Challenges in This Sector
- SBA equipment financing programs are unavailable to E-3 holders
- Equipment dealers typically work with captive financing programs that may have citizenship requirements
- New or specialized equipment has no resale market to fall back on if payments default
- Equipment values depreciate, creating negative equity risk over time
- Technology equipment depreciates faster than the loan term in some categories
- Used equipment financing has different LTV limits than new equipment
Funding Solutions for E-3 Holders
- New Equipment Financing: Up to 90% LTV on new business equipment across all categories.
- Used Equipment: Up to 80% LTV on used equipment with documented valuations.
- Equipment Lease: Operating leases for equipment you don't want to own long-term.
- Sale-Leaseback: Convert owned equipment to immediate cash while retaining use.
- Multi-Equipment Packages: Finance an entire operation fit-out as a package.
Equipment Financing vs. Revenue-Based Funding
For equipment purchases, equipment financing is almost always the better choice than revenue-based working capital. Equipment financing rates are lower (because the collateral reduces lender risk), terms are longer (60 months vs. 12–24 months for revenue-based), and the payment structure (fixed monthly payments) matches the useful life of the asset. Only use working capital for equipment if the equipment is highly specialized with no resale value, or if you need to fund it faster than equipment financing allows.
Capital Products Available
Revenue-Based Funding
Up to $5M based on your monthly revenue. No green card, no SBA. 48-hour decisions.
Apply Now →Equipment Financing
Asset-backed funding for equipment — available to non-citizen business owners.
Check Eligibility →Frequently Asked Questions
Generally yes — equipment financing uses the asset as collateral, reducing the importance of visa status in the lending decision.
All business equipment: medical, dental, restaurant, manufacturing, vehicles, computers, fitness, agriculture, construction, and more.
Up to 90% for new equipment, 80% for used. The remaining 10–20% is your down payment.
Typically 24–60 months depending on equipment type and expected useful life.
Yes. Used equipment is valued and financed at 80% LTV with appropriate documentation.
Obsolescence risk is yours as the borrower. For fast-depreciating tech, shorter terms reduce this risk.
Yes. Sale-leaseback converts owned equipment to immediate cash while you retain use of the equipment.
Yes — typically 10–20% depending on equipment type and your business profile.
48-hour decisions. Documentation and equipment verification may add 1–3 days for some equipment types.
Yes. Multi-equipment packages for complete fit-outs are financed as a single transaction.