Bankable issues funding decisions within 48 hours of receiving a completed application. Funding is typically distributed within 3 to 5 business days of approval. From initial Bankability Assessment to money in your account, the entire process takes 5 to 7 business days for most H-1B applicants.
Compare this to alternative funding sources: SBA 7(a) loans (now closed to H-1B holders) took 30 to 90 days for approval and 2 to 4 weeks more for funding. Traditional bank commercial loans take 3 to 6 weeks for approval and another 1 to 2 weeks to fund. Merchant cash advances fund in 24 to 48 hours but charge 40 to 80% APR. Bankable combines speed comparable to merchant cash advances with terms significantly more favorable.
The Complete Bankable Funding Timeline for H-1B Applicants
- Day 0 — Bankability Assessment (30 seconds): Complete the online assessment at /bankability-score/. Receive preliminary funding range immediately. No SSN required.
- Day 1 — Document Submission: Our team contacts you with a specific document checklist based on your industry and funding amount. You upload bank statements, revenue records, and business information.
- Day 1 to 2 — Underwriting Review: Our revenue underwriting team reviews your documents. If additional information is needed, you are contacted within 4 hours.
- Day 2 — Funding Decision: Final funding decision issued within 48 hours of completed document submission.
- Day 3 to 5 — Agreement and Disbursement: Funding agreement sent, reviewed, and signed. Funds distributed to your business bank account via ACH or wire within 1 to 3 business days of agreement execution.
Total timeline from initial assessment to funds in account: 5 to 7 business days in most cases. Emergency situations can be accelerated. Start your assessment at Bankability Assessment.
Frequently Asked Questions
Funding decisions in 48 hours, funds in your account in 3 to 5 business days after approval. Total process: 5 to 7 business days from initial assessment to funded.
SBA 7(a) loans (now closed to H-1B holders) took 30 to 90 days for approval. Bankable issues decisions in 48 hours and funds within 3 to 5 days of approval.
Incomplete document submissions are the most common cause of delays. Providing all 3 to 6 months of bank statements and revenue documentation upfront prevents processing delays.
Bankable's standard decision timeline is 48 hours. Emergency situations are prioritized in our processing queue. Contact our team directly for true emergency situations.
The Bankability Assessment and document submission are available 24/7. Underwriting and funding decisions are processed on business days, with some weekend processing for emergency situations.
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.