For H-1B business funding at Bankable, the core document package is straightforward: 3 to 6 months of business bank statements, 1 to 2 years of business tax returns (if available), your EIN, and basic business information. No SSN upload is required upfront. No green card documentation is required. No immigration attorney letters or visa documentation are required for the initial Bankability Assessment.
Complete Document Checklist for H-1B Business Funding
Required Documents
- Business Bank Statements (3 to 6 months): All months of statements from your primary business checking account. If you have multiple business accounts, provide all of them.
- EIN (Employer Identification Number): Your business's federal tax ID number. This can be found on IRS correspondence, bank account setup documents, or tax filings.
- Business Information: Legal business name, business address, date of establishment, business structure (LLC, Corp, sole prop), and state of registration.
- Revenue Documentation: Depending on industry — invoices, platform revenue reports (Shopify, Amazon, Square), freight receipts, or other revenue-specific documentation.
Helpful But Not Always Required
- Business Tax Returns (1 to 2 years): Strengthens the application but may not be available for younger businesses. Provide if you have them.
- H-1B Visa Documentation: Passport, I-797 approval notice, and I-94 record. Required later in the process, not upfront.
- Business Licenses and Permits: State business license, professional licenses (for medical, dental, legal practices), and industry-specific permits.
- Accounts Receivable Aging Report: For businesses with invoice-based revenue, showing current outstanding receivables.
What You Do NOT Need to Provide at Bankable
- SSN upfront: Bankable does not require SSN upload to complete the initial Bankability Assessment.
- Immigration attorney letters or legal opinions.
- Proof of permanent residency or citizenship.
- Personal tax returns in all cases (may be requested for specific situations).
- Collateral appraisals or property documentation.
Start with the Bankability Assessment — 30 seconds, no sensitive documents required. Our team will guide you through the specific document checklist for your business type and funding amount after the initial assessment. See our SBA 7(a) overview for comparison on document requirements between Bankable and SBA lenders.
Frequently Asked Questions
Core requirements: 3 to 6 months of business bank statements, EIN, and basic business information. Business tax returns strengthen the application. SSN is not required upfront.
Not upfront at Bankable. The initial Bankability Assessment requires only basic business information. Visa documentation (passport, I-797) may be requested later in the process.
Yes. Bankable can underwrite businesses based on 6 months of bank statements for businesses that do not yet have multiple years of tax returns filed.
3 to 6 months of complete business bank statements, showing all deposits and withdrawals. PDF format from your bank's online portal is acceptable.
Your EIN appears on your IRS SS-4 confirmation letter, business tax returns (Schedule C or Form 1120), and most bank account setup documents. If you cannot locate it, call the IRS Business Tax Line at 1-800-829-4933.
No. Bankable has zero residency requirements. H-1B, L-1, O-1, and other work visa holders all qualify for funding assessment based on business revenue alone.
Effective March 1, 2026, the SBA requires 100% US citizen or national ownership for all 7(a) and 504 programs. H-1B holders are completely excluded regardless of revenue or credit history.
48 hours from completed application. The Bankability Assessment at /bankability-score/ takes 30 seconds and gives a preliminary range immediately.