{"ok":true,"canonical_url":"https://dealroom.so/glossary/inheritance","api_url":"https://dealroom.so/api/public/glossary/inheritance","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":"inheritance","term":"Inheritance","group":"Your money in the deal","definition":"Assets or money received from a deceased person. An inheritance can be a source of capital for your equity injection in an SBA 7(a) loan, but must be properly documented.","what_it_means":"If you're using inherited funds for your equity injection, the lender will require documentation proving its source and that the funds are \"seasoned\" or clearly available. This usually means bank statements showing the funds in your account for at least two months. Ensure you have clear paperwork.","url":"https://dealroom.so/glossary/inheritance","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":"proof-of-funds","term":"Proof of funds","url":"https://dealroom.so/glossary/proof-of-funds"},{"slug":"out-of-pocket","term":"Out of pocket","url":"https://dealroom.so/glossary/out-of-pocket"}],"related_questions":[{"question":"Can an inheritance be used for the SBA 7(a) loan down payment?","url":"https://dealroom.so/sba-loans/basics/can-an-inheritance-be-used-for-the-sba-7-a-loan-down-payment"},{"question":"What happens if I receive a large inheritance just before my loan closing?","url":"https://dealroom.so/sba-loans/basics/what-happens-if-i-receive-a-large-inheritance-just-before-my-loan-closing"},{"question":"Can an inheritance received after loan application but before closing count towards equity injection?","url":"https://dealroom.so/for-lenders/questions/can-an-inheritance-received-after-loan-application-but-before-closing-count-towards-equity"},{"question":"Can an inheritance received after loan application but before closing count as equity injection?","url":"https://dealroom.so/for-lenders/questions/can-an-inheritance-received-after-loan-application-but-before-closing-count-as-equity-inje"},{"question":"Can I use funds from an inheritance received shortly before closing as part of my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-i-use-funds-from-an-inheritance-received-shortly-before-closing-as-part-of-my-equity-i"},{"question":"What if I received a large inheritance right before applying; can those funds be used for the down payment?","url":"https://dealroom.so/sba-7a/questions/what-if-i-received-a-large-inheritance-right-before-applying-can-those-funds-be-used-for-t"}]},"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 — Inheritance","url":"https://dealroom.so/glossary/inheritance","source_type":"DealRoom Data"}}