American Lending Center Continues Fast Pace
IRVINE, Calif.--(BUSINESS WIRE)--American Lending Center (ALC) recently received I-956F approval for another EB-5 project, its 29 th straight federal approval since the Reform and Integrity Act (RIA) passed in March 2022. This is a record for that industry.
ALC has successfully financed 31 EB-5 projects in 17 different states and 11 different industries, ranging from commercial real estate to vertical farming to clean energy to hospital/medical facilities.
In the last three years, ALC has successfully financed 31 EB-5 projects in 17 different states and 11 different industries, ranging from commercial real estate to vertical farming to clean energy to hospital/medical facilities. Each of these projects has a clear plan to create a large number of jobs, often in rural areas where jobs were scarce.
I-956F applications are reviewed by the U.S. Citizenship and Immigration Services (USCIS).
The I-956F approval is required for a Regional Center to move forward with an EB-5 investment project. It clears the path for the EB-5 investors to file individual immigration petitions to secure U.S. permanent residency for the family.
John Shen, Founder and CEO of ALC, long has been focused on job creation and community improvement through economic development. Of the 29 projects approved under RIA, 21 were in rural areas needing economic development, five were in high-unemployment areas needing jobs and three were specifically for needed government infrastructure projects such as hospitals. The average processing time of ALC's recent I-956F applications is between three and four months.
'We are honored to be able to provide assistance to these highly beneficial projects,' Shen said. 'The ability to get an approval for every application we submitted in so little time is a testament to the talent and hard work of our team. That helps make communities better places to live.'
American Lending Center was founded in 2009 and is headquartered in Irvine, Calif. Since its inception, it has provided more than $2.3 billion in loans and investments to thousands of companies in all fifty states of America.
About American Lending Center:
American Lending Center Holdings (ALCH) manages 14 EB-5 regional centers that may sponsor projects anywhere in continental United States and Hawaii. Since 2009, ALCH has raised EB-5 capital for over 100 projects in 31 states including I-956F approvals from USCIS of 29 projects. ALCH has been featured on the Inc. 5000 list of 'Fastest-Growing Private Companies in America' for five consecutive years (2020–2024) and was also ranked among 'America's Fastest Growing Companies' by Financial Times in 2021, 2022, 2023 and 2025.
American Lending Center LLC (ALC), a mission-driven California-regulated lender, is a licensed SBA 7(a) and SSBCI lender. Together, ALCH and ALC have supported the creation or retention of over 140,000 jobs in the U.S. economy, underwriting impactful projects that foster economic growth.
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