Do immigrants get money to start a business? Immigrants who arrived in the United States with aspirations to start their own business can taken advantage of a number of grants and loans. These include business development grants, as well as discretionary business grants from the Department of Health and Human Services.
Can immigrants get SBA loans? For lawful non-permanent citizens: Although a government agency, the SBA does offer small business loan options for immigrants who are non-US citizens. The major requirement here is that non-citizen borrowers must be within the country lawfully with what the SBA calls “an appropriate work visa” with a current date.
Do immigrants get business loans? Immigrants can apply for short-term loans, business loans, business credit cards, equipment loans, merchant cash advances, and personal loans from the SBA, credit unions, and alternative online lenders.
Can a non-U.S. citizen get a business loan? The SBA states that their financing is available for “businesses that are 51% owned and controlled by persons who are not citizens of the US provided the persons are lawfully in the United States.” However, it’s up to the discretion of an individual lender whether they want to provide a loan to a non-citizen.