{"ok":true,"canonical_url":"https://dealroom.so/glossary/gift","api_url":"https://dealroom.so/api/public/glossary/gift","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":"gift","term":"Gift","group":"Your money in the deal","definition":"A gift is money given to the buyer by an immediate family member to fund a portion of their equity injection. It must be truly unencumbered and not require repayment.","what_it_means":"If you're using a gift for your down payment, the lender will require a gift letter from the donor confirming it's a true gift with no expectation of repayment. The funds must be seasoned in your bank account or transferred directly to escrow. This is a common way to meet the equity injection requirement.","url":"https://dealroom.so/glossary/gift","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":"gift-letter","term":"Gift letter","url":"https://dealroom.so/glossary/gift-letter"},{"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"}],"related_questions":[{"question":"How does a lender verify a gift used for equity injection?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-verify-a-gift-used-for-equity-injection"},{"question":"What specific documentation is required for gift funds used for an equity injection?","url":"https://dealroom.so/sba-7a/questions/what-specific-documentation-is-required-for-gift-funds-used-for-an-equity-injection"},{"question":"What documentation is needed if my equity injection comes from a personal gift?","url":"https://dealroom.so/sba-loans/basics/what-documentation-is-needed-if-my-equity-injection-comes-from-a-personal-gift"},{"question":"Can a family gift count for my SBA 7(a) loan down payment?","url":"https://dealroom.so/sba-loans/basics/can-a-family-gift-count-for-my-sba-7-a-loan-down-payment"},{"question":"Can gift funds from a non-family investor count towards my down payment?","url":"https://dealroom.so/sba-7a/questions/can-gift-funds-from-a-non-family-investor-count-towards-my-down-payment"},{"question":"If my parents gift me $75,000 for a down payment, what documentation is required?","url":"https://dealroom.so/sba-7a/questions/if-my-parents-gift-me-75-000-for-a-down-payment-what-documentation-is-required"}]},"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 — Gift","url":"https://dealroom.so/glossary/gift","source_type":"DealRoom Data"}}