Key Takeaways
- Bankable decisions happen in 48 hours — not 30-90 days like banks
- Funds transfer within 2-3 business days of approval and signed agreement
- Application takes 5 minutes online
- No in-person meetings, no long committee reviews
- O-1 visa status does not slow the process
Bankable decisions happen in 48 hours from complete application submission. Funds transfer within 2-3 business days after approval and a signed funding agreement. The total time from starting your application to cash in your business bank account: typically 4-5 business days. For O-1 business owners used to bank timelines of 30-90 days (or outright rejection), this represents a fundamentally different capital experience. Start your application now.
The Bankable Funding Timeline
| Step | Timeline | What Happens |
|---|---|---|
| Application | Day 1 (5 minutes) | You complete the online application and upload documents |
| Review | Day 1-2 | Bankable reviews bank statements, revenue, and entity documentation |
| Decision | Within 48 hours | Approval or denial with specific terms |
| Agreement | Day 2-3 | You review and sign the funding agreement electronically |
| Funding | Day 3-5 | ACH transfer to your business bank account |
Why 48 Hours — How Bankable Reviews Applications
Bankable's underwriting model evaluates bank statements and payment processor data algorithmically for initial revenue assessment. Human underwriters review the analysis, verify entity documentation, and make the final funding decision. This combination of automation and human review enables 48-hour decisions without sacrificing underwriting quality. No committee meetings. No branch manager approval. No physical inspection of your business.
What Can Delay a Decision
The 48-hour timeline assumes a complete application. Common causes of delay: incomplete bank statements (missing pages, only 1-2 months provided), business entity documentation that doesn't match the bank account name, or bank statements that show significant inconsistencies requiring additional explanation. Providing complete, consistent documentation eliminates these delays. See the document checklist.
Emergency Funding: Faster When Needed
For documented business emergencies — equipment failure causing closure, urgent payroll gap — call (786) 443-5511 directly. Our team can prioritize reviews for businesses with established revenue profiles facing time-sensitive situations. This does not guarantee approval, but it does ensure your application is reviewed first. See our emergency capital page.
Frequently Asked Questions
Decision within 48 hours of complete application submission.
Funds transfer within 2-3 business days of approval and signed funding agreement.
5 minutes online.
No. O-1 visa status does not affect the 48-hour review timeline.
Incomplete bank statements, missing pages, or inconsistencies between documents can delay review.
Call (786) 443-5511 for documented emergencies. Priority review is available for established revenue profiles.
Yes. Bankable provides an application status portal and direct contact with your assigned underwriter.
Applications submitted during business hours (Monday-Friday, 9am-5pm ET) begin review the same day.
Same-day decisions are available for repeat Bankable clients with established relationships. First-time applications typically take 24-48 hours.
You receive a denial with specific reasons. Most denial reasons are addressable — revenue, time in business, or documentation issues — and re-application is possible after 30-90 days.