Key Takeaways
- Bankable funds H-1B electrical contracting businesses up to $5M based on documented revenue
- No green card, no permanent residency, no citizenship required for funding
- SBA March 2026 rule eliminated H-1B owners from all SBA 7(a) loan access
- 48-hour funding decisions — faster than any bank or SBA lender
- Check your Bankability Score in 30 seconds — no SSN upload
Electrical contracting is the highest-revenue skilled trade, with licensed electrical contractors generating $500,000 to $5M+ annually for established firms. Commercial electrical projects — office buildouts, industrial wiring, solar installation — require substantial materials fronting before project draws are received from owners.
H-1B electrical contractors — including engineers who built electrical companies alongside sponsored employment — face the same capital challenges as all contractors: materials must be purchased before draws arrive. The SBA's March 2026 rule eliminated their primary low-cost working capital source.
The SBA March 2026 rule eliminated H-1B electrical contracting businesses from 7(a) loan access. Bankable provides a direct path to revenue-based funding without any citizenship test.
Capital Uses for H-1B Electrical Contracting Operators
- Project Material Pre-Purchase: Electrical materials (conduit, wire, panels, fixtures) must be purchased before project draw payments arrive from owners.
- Service Vehicle Fleet: Electricians require stocked service vans. Commercial electrical firms need trucks for larger equipment and material transport.
- Tool and Equipment: Test equipment, power tools, specialty electrical testing instruments, and safety gear for each crew member.
- Commercial Job Float: Commercial electrical projects pay net-30 to net-60 on progress billings. Bankable bridges the payment gap.
- Solar and Renewable Installation Capital: Solar panel installation requires pre-purchasing panels and inverters before installation and utility interconnection.
| Funding Source | H-1B Eligible? | Max Amount | Speed |
|---|---|---|---|
| SBA 7(a) — March 2026+ | No — US citizens only | $5M | 30–90 days |
| Traditional Banks | Rarely | Varies | 3–6 weeks |
| Bankable | Always yes | $5M | 48 hours |
For the full SBA alternative landscape for H-1B business owners, see our SBA alternative guide. Check your Bankability Score in 30 seconds to see your preliminary funding range.
Frequently Asked Questions
Yes. Bankable funds electrical contracting businesses based on documented revenue. No green card or permanent residency required.
Effective March 1, 2026, the SBA requires 100% US citizen ownership. All H-1B business owners are excluded from SBA 7(a) loans.
Minimum $20,000 in monthly revenue for initial consideration. Businesses at qualifying revenue levels access initial tranches of $50K to $500K.
48-hour decision from completed application. The Bankability Assessment at /bankability-score/ gives a preliminary range in 30 seconds.
No. Bankable funds H-1B holders as sole applicants based on business revenue alone.
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.