Key Takeaways
- MSPs with recurring managed service contracts are highly bankable service businesses
- RMM tools, helpdesk staffing, and hardware purchases all eligible
- Break-fix and project-based IT revenue also qualifies
- SBA closed to L-1 holders — Bankable funds IT businesses on contract revenue
- Decisions in 48 hours, $50K to $3M
IT managed services providers occupy a uniquely favorable position in the business services landscape. A well-run MSP with 30 clients on monthly recurring service contracts at an average of $2,500/month generates $75,000 in predictable monthly revenue. The churn rate on well-managed MSP relationships is low — businesses depend on their IT provider for operational continuity and rarely switch unless service quality degrades. This recurring, sticky revenue is exactly what Bankable's underwriting is designed to fund.
L-1B specialized knowledge holders in technology are the natural founders of MSP businesses. A systems administrator or network engineer with deep expertise in specific platforms — Microsoft Azure, VMware, Cisco — can build an MSP business that serves clients who need those exact skills managed continuously. Many L-1 IT specialists build their MSPs while still employed, transitioning gradually to full independence.
IT Services Capital for L-1 Holders
- RMM and PSA software: ConnectWise, Datto, Kaseya, and similar platforms — $1,000-$5,000/month for a growing MSP
- Helpdesk staffing expansion: Adding Level 1 and Level 2 technicians to support new client onboarding
- Hardware inventory for client deployments: Servers, switches, and endpoints purchased before client billing begins
- NOC buildout: Network operations center hardware, software, and monitoring infrastructure for 24/7 service capability
- Cybersecurity tool stack: EDR, SIEM, and backup solutions that MSPs resell to clients — upfront licensing before monthly billing recovers the cost
See also cybersecurity business funding for L-1 holders or check your score.
Frequently Asked Questions
Yes. MSP businesses owned by L-1 holders with documented recurring contract revenue qualify for Bankable funding. Monthly recurring contract revenue is the primary qualification signal. No green card required.
Monthly managed service contracts, per-device monitoring fees, helpdesk retainers, cloud management fees, and project-based IT services all qualify. We evaluate recurring versus non-recurring revenue separately.
Yes. Client onboarding requires upfront hardware deployment, software configuration, and technician time before monthly billing begins. Bankable provides working capital specifically for client onboarding costs.
Recurring monthly contract revenue is weighted 2-3x more favorably than project-based revenue in our underwriting model due to its predictability and low churn rate.
Yes. Server, switch, and endpoint hardware purchased for specific client deployments can be financed. The equipment value and the recurring managed service revenue together create a strong collateral profile.
MSPs that use subcontractor technicians qualify equally. We evaluate your revenue (what you collect from clients) rather than your cost structure. Subcontractor-based delivery is a common and legitimate MSP operating model.
Yes. MSPs specializing in cybersecurity services — SOC-as-a-service, vulnerability management, compliance management — qualify. See our cybersecurity page for details on this specific segment.
Bankable typically requires a minimum of $15K-$20K in monthly recurring contract revenue for initial qualification. Growing MSPs at $10K/month with strong growth trends may also qualify.