{"ok":true,"canonical_url":"https://dealroom.so/glossary/accountant-s-letter","api_url":"https://dealroom.so/api/public/glossary/accountant-s-letter","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"accountant-s-letter","term":"Accountant's letter","group":"People and paperwork","definition":"A letter from your accountant verifying your equity injection or other financial details. Lenders often require this to confirm your funds are 'seasoned' and legitimate.","what_it_means":"For your equity injection, lenders often require an accountant's letter confirming the source and seasoning of funds. This helps prove your capital isn't borrowed or round-tripped, satisfying SBA requirements. Have your accountant ready to provide this document promptly.","url":"https://dealroom.so/glossary/accountant-s-letter","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"}],"related":[{"slug":"equity-injection","term":"Equity injection","url":"https://dealroom.so/glossary/equity-injection"},{"slug":"seasoned-funds","term":"Seasoned funds","url":"https://dealroom.so/glossary/seasoned-funds"},{"slug":"out-of-pocket","term":"Out of pocket","url":"https://dealroom.so/glossary/out-of-pocket"},{"slug":"round-tripped","term":"Round-tripped","url":"https://dealroom.so/glossary/round-tripped"}],"related_questions":[{"question":"Does a gift letter need to be from a U.S. citizen or permanent resident for equity injection?","url":"https://dealroom.so/sba-7a/questions/does-a-gift-letter-need-to-be-from-a-u-s-citizen-or-permanent-resident-for-equity-injectio"},{"question":"Can professional fees incurred during the due diligence phase, like attorney or accountant fees, count towards my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-professional-fees-incurred-during-the-due-diligence-phase-like-attorney-or-accountant-"},{"question":"Are there specific requirements for a gift letter if funds are received from multiple immediate family members for the down payment?","url":"https://dealroom.so/sba-7a/questions/are-there-specific-requirements-for-a-gift-letter-if-funds-are-received-from-multiple-imme"},{"question":"How does a lender confirm an owner's U.S. citizenship if they were born in a U.S. territory or abroad to U.S. parents?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-confirm-an-owner-s-u-s-citizenship-if-they-were-born-in-a-u-s-territory-"},{"question":"What is the SBA's requirement for a buyer's post-closing working capital position?","url":"https://dealroom.so/sba-7a/questions/what-is-the-sba-s-requirement-for-a-buyer-s-post-closing-working-capital-position"},{"question":"What specific documentation is required for a lender to verify U.S. citizenship if an owner was born in a U.S. territory or abroad to U.S. parents?","url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-is-required-for-a-lender-to-verify-u-s-citizenship-if-an-owner"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Accountant's letter","url":"https://dealroom.so/glossary/accountant-s-letter","source_type":"DealRoom Data"}}