How to business loans work for foreigners?

6 comments

1. The only additional step that I can think of would be proof that you are here legally, and proof that you have permission to work here. (two separate things technically).

2. Found [this](https://www.sba7a.loans/sba-7a-loans-small-business-blog/sba-loans-for-non-citizens) for ya.

3. Aside from what the other poster said, you may also have issues proving credit. You might be required to have a co-signer, but a bank would be able to better answer this.

4. Are you talking Permanent resident or a visa( H1, B1, etc)?. [This](https://www.caminofinancial.com/en/blog/business-finance/loans-for-immigrants/)may help

5. You have to prove your legal. Then establish a loan, talk to the local small business association, there is plenty of assistance for immigrants to get loans from the US government.

6. What kind of business loan? From a bank? From the Small Business Administration?