{"ok":true,"canonical_url":"https://dealroom.so/glossary/inherited-funds","api_url":"https://dealroom.so/api/public/glossary/inherited-funds","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":"inherited-funds","term":"Inherited funds","group":"Your money in the deal","definition":"Money received from an estate or as a gift, which can be used for your equity injection in an SBA loan. These funds must be properly documented.","what_it_means":"If you're using inherited funds for your equity injection, the lender will require documentation like probate court orders or gift letters to verify the source and ensure they are unencumbered. These funds are considered seasoned if they've been in your possession for 90 days, or they may require a standby agreement from the giver if not.","url":"https://dealroom.so/glossary/inherited-funds","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":"gift-letter","term":"Gift letter","url":"https://dealroom.so/glossary/gift-letter"},{"slug":"source-of-funds","term":"Source of funds","url":"https://dealroom.so/glossary/source-of-funds"}],"related_questions":[{"question":"What documentation is required to verify equity injection from a newly inherited sum of money?","url":"https://dealroom.so/for-lenders/questions/what-documentation-is-required-to-verify-equity-injection-from-a-newly-inherited-sum-of-mo"},{"question":"Can I use inherited money that is currently in a trust to fund my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-i-use-inherited-money-that-is-currently-in-a-trust-to-fund-my-equity-injection"},{"question":"Can I use SBA 7(a) loan funds for personal expenses?","url":"https://dealroom.so/sba-loans/basics/can-i-use-sba-7-a-loan-funds-for-personal-expenses"},{"question":"Who provides the actual funds for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/who-provides-the-actual-funds-for-an-sba-7-a-loan"},{"question":"Who actually provides the funds for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/who-actually-provides-the-funds-for-an-sba-7-a-loan"},{"question":"What are the rules for using gifted family funds as equity?","url":"https://dealroom.so/sba-7a/questions/what-are-the-rules-for-using-gifted-family-funds-as-equity"}]},"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 — Inherited funds","url":"https://dealroom.so/glossary/inherited-funds","source_type":"DealRoom Data"}}