No. Assess its actual terms and security, along with lawful source, path, commitment and risk.
Read beyond the label
Mixed or unclear collateral should be explained rather than summarized away.
E-2 also requires treaty nationality for the investor and enterprise, lawful source and path, capital irrevocably committed and at risk, an amount substantial relative to the cost of buying or establishing the business, and a real operating enterprise that is more than marginal. A seller note secured on the roofing company's equipment and receivables is excluded from the investment; the same amount borrowed against the investor's own home or on a personal guarantee without security on the business would count. Borrowing secured only against the investor's unrelated personal property, or genuinely unsecured personal borrowing, is analysed differently and can count, which is precisely why the security documents must be read line by line instead of summarised. A store with signed supplier agreements, live sales channels, working capital spent and an owner directing operations can be described in those terms; a domain name and a bank balance alone cannot. The applicant still needs qualifying treaty nationality, substantial lawful at-risk commitment, development and direction and a real nonmarginal enterprise; a construction invoice does not establish all those conditions.