Key Takeaways
- Food truck daily revenue drives Bankable approval — no green card needed
- Fund truck purchase, commissary deposits, and working capital for OPT culinary founders
- $25K-$500K available for food truck operations
- 48-hour decisions based on mobile revenue data
Food trucks offer culinary school graduates on F-1 OPT a lower-cost entry into food service compared to a full restaurant. Lower overhead, mobile customer acquisition, and festival/event revenue diversity make food trucks one of the most margin-efficient food businesses available. Bankable evaluates your Square, Toast, or bank-recorded daily sales to determine funding capacity.
Food Truck Capital Uses
- Food truck purchase or lease-to-own ($50K-$150K range)
- Commercial kitchen commissary deposits and rent
- Permits, health inspections, and licensing fees
- Second truck for a growing concept
- Event catering equipment upgrades
Frequently Asked Questions
Yes. Since March 2026, SBA loans require 100% US citizen or national ownership. All F-1 OPT and STEM OPT founders are disqualified from SBA 7(a) and 504 programs. Bankable is a non-SBA lender — our approval is entirely revenue-based, with no citizenship requirement.
No. Bankable does not evaluate immigration status. We fund US-registered business entities based on their revenue. F-1 OPT and STEM OPT founders qualify on the same terms as any other business owner.
Your business entity continues operating and servicing the funding regardless of your personal immigration status. Bankable funds the LLC or corporation, not the individual. Immigration transitions — H-1B, O-1, departure — do not affect the business's obligation or ability to operate.
New food trucks cost $80K-$175K fully equipped. Used trucks run $30K-$80K. Bankable can finance the truck purchase with the vehicle as collateral.
Yes. Bankable evaluates food truck revenue from your POS system and bank statements — not your immigration status.
$8,000+ in monthly gross sales with 3+ months of operating history. A single food truck doing $400/day ($12K/month) qualifies for $25K-$60K in working capital.
Yes. Commissary deposits and monthly rental costs are eligible working capital uses.
Yes. Second truck financing is evaluated based on your first truck's revenue history.