Key Takeaways
- Bankable requires surprisingly few documents compared to banks and the SBA
- No green card, immigration documents, or citizenship certificates required
- Six months of business bank statements is the most important document
- EIN, business license, and personal ID complete the application
- 48-hour decisions after document submission
What Bankable Actually Needs to Fund Your Business
The most common misconception among former H-2B business owners is that applying for business funding requires a mountain of immigration documents, citizenship certificates, or green cards. This is true for SBA loans — and the 2026 SBA rule means those are unavailable anyway. Bankable requires far less documentation, and none of it involves your immigration status.
Required Documents for Bankable Applications
1. Six Months of Business Bank Statements
This is the most important document. We need to see your business bank account statements — not personal accounts — for the most recent six months. These statements must be from a bank account in your business's name (not your personal account). We use these to verify your monthly revenue, cash flow patterns, average daily balance, and seasonal patterns. PDFs downloaded from your bank's online portal are perfectly acceptable.
If you have been depositing business revenue into your personal account, you should open a separate business bank account immediately. Every dollar of business revenue in your personal account cannot be documented for underwriting purposes. This is the single biggest mistake H-2B entrepreneurs make during the early phases of their businesses.
2. Your Business EIN (Employer Identification Number)
An EIN is your business's federal tax identification number, equivalent to an SSN for your business. It is issued by the IRS and is required for: opening a business bank account, filing business taxes, hiring employees, and applying for business financing. If you do not have an EIN, apply at IRS.gov — it takes 10 minutes and is free. Print your EIN confirmation letter and save it.
3. Business License or Registration
A copy of your state business registration (LLC Articles of Organization or Corporation Articles of Incorporation) or local business license. This confirms your business is legally registered. If you have not registered your business as an LLC or corporation, consider doing so — it provides personal liability protection and improves your credibility with lenders.
4. Personal Identification
A government-issued photo ID — passport, state driver's license, or state ID. This is used to verify your identity in connection with your SSN. You do not need to provide a green card, visa stamp, or immigration document. Your passport (from any country) or a U.S. state ID is sufficient.
Documents That Are NOT Required
- Green card or permanent residency card: Not required.
- Visa stamps or immigration documents: Not required.
- Citizenship certificate: Not required.
- Tax returns (for initial pre-approval): Not required for initial application — bank statements are sufficient for pre-approval. Tax returns may be requested for larger facilities.
- Business plan: Not required for most Bankable products.
Documents That Help But Aren't Required
- Accounts receivable aging report: Helps demonstrate the quality of your outstanding invoices.
- Customer contracts: Showing established commercial contracts strengthens your application.
- Proof of business insurance: Demonstrates you operate a properly insured business.
- Business credit report: If you have established business credit through Dun & Bradstreet or Experian Business, include it.
Bankability Score
See what you qualify for before gathering all documents. Soft pull only.
Check Score →Frequently Asked Questions
Six months of business bank statements. This single document shows us your revenue, cash flow, seasonal patterns, and business health more clearly than any other document.
No. Bankable does not require a green card, immigration documents, or citizenship certificates. Your SSN and a government-issued photo ID (passport from any country, state driver's license, or state ID) are sufficient for identity verification.
Not for initial application. Business bank statements are sufficient for pre-approval. Tax returns may be requested for larger funding facilities or during final underwriting.
Business revenue in your personal account cannot be documented for lending purposes. You should open a business bank account immediately and direct all business deposits there. Once you have 6 months of business account statements, you can apply.
No. Bankable does not require a business plan for most products. We evaluate your business based on documented historical revenue, not projected future revenue.
A state business registration (LLC or corporation) serves the same purpose. If you are operating as a sole proprietor without any registration, you should register your business before applying — it is a basic legal requirement in most states and a lender requirement.
Applications with less than 6 months of business bank statements are evaluated on a case-by-case basis. Equipment financing may be available with 3 months of history for established businesses. Most working capital products require 6 months.
Call (786) 443-5511. Bankable provides bilingual (English and Spanish) support.