Startup Bank loan/funding
I am planning to form my US company through the Stripe Atlas program! and as a non-citizen, can I apply for any kind of startup aid like loan or fund??
Thanks & regards
Hello Dr. Khaled,
Based on the situation you’ve described, it may be difficult for you to secure a loan or other funding for your business. If you want to secure funding for a US business, it’s typically helpful to have assets in the US that lenders can lend against – this helps them to feel more confident in their ability to collect on your loan if you default. You may be able to find equity funding for your company more easily, but this would still be much easier if you had assets in the US, earnings from US companies, or registered intellectual property (e.g. a patent) in the US. Without any of these, you’ll likely have a hard time securing funding for your new venture.
Hope this helps,