{"ok":true,"canonical_url":"https://dealroom.so/glossary/anti-money-laundering-check","api_url":"https://dealroom.so/api/public/glossary/anti-money-laundering-check","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":"anti-money-laundering-check","term":"Anti-money laundering check","aka":"AML check","group":"People and paperwork","definition":"An AML check is a mandatory verification process banks conduct to ensure funds aren't from illegal activities. As a buyer, you'll undergo this check to confirm the legitimacy of your equity injection.","what_it_means":"Your lender will perform an AML check as part of their due diligence on your equity injection. Be ready to provide clear documentation of your source of funds, such as bank statements or brokerage statements, to demonstrate that your capital is \"seasoned\" and legitimate. This is a critical compliance step.","url":"https://dealroom.so/glossary/anti-money-laundering-check","official_sources":[],"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":"proof-of-funds","term":"Proof of funds","url":"https://dealroom.so/glossary/proof-of-funds"},{"slug":"bank-statement","term":"Bank Statement","url":"https://dealroom.so/glossary/bank-statement"}],"related_questions":[{"question":"Does the SBA check my personal credit score directly when I apply?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-check-my-personal-credit-score-directly-when-i-apply"},{"question":"What kind of records does the SBA check about my personal background?","url":"https://dealroom.so/sba-loans/basics/what-kind-of-records-does-the-sba-check-about-my-personal-background"},{"question":"Does the SBA check my personal background, like criminal history, for a loan?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-check-my-personal-background-like-criminal-history-for-a-loan"},{"question":"How do I check if a specific franchise system is eligible for SBA 7(a) financing?","url":"https://dealroom.so/sba-7a/questions/how-do-i-check-if-a-specific-franchise-system-is-eligible-for-sba-7-a-financing"},{"question":"Does the SBA check for past defaults on federal debts, like student loans or prior SBA loans?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-check-for-past-defaults-on-federal-debts-like-student-loans-or-prior-sba-loan"},{"question":"When is a lender required to conduct a criminal background check for non-owner managers or key employees of an applicant business?","url":"https://dealroom.so/for-lenders/questions/when-is-a-lender-required-to-conduct-a-criminal-background-check-for-non-owner-managers-or"}]},"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 — Anti-money laundering check","url":"https://dealroom.so/glossary/anti-money-laundering-check","source_type":"DealRoom Data"}}