{"ok":true,"canonical_url":"https://dealroom.so/glossary/mutual-fund","api_url":"https://dealroom.so/api/public/glossary/mutual-fund","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":"mutual-fund","term":"Mutual Fund","group":"Your money in the deal","definition":"This is an investment vehicle that pools money from many investors to invest in a diversified portfolio of stocks, bonds, or other securities.","what_it_means":"Funds held in a mutual fund can be considered part of your personal liquidity and used for your equity injection, provided they are seasoned and can be liquidated. Be prepared to show brokerage statements proving ownership and seasoning.","url":"https://dealroom.so/glossary/mutual-fund","official_sources":[],"related":[{"slug":"personal-liquidity","term":"Personal liquidity","url":"https://dealroom.so/glossary/personal-liquidity"},{"slug":"seasoned-funds","term":"Seasoned funds","url":"https://dealroom.so/glossary/seasoned-funds"},{"slug":"brokerage-statement","term":"Brokerage Statement","url":"https://dealroom.so/glossary/brokerage-statement"},{"slug":"personal-asset","term":"Personal Asset","url":"https://dealroom.so/glossary/personal-asset"}],"related_questions":[{"question":"Can proceeds from selling personal stocks or mutual funds count towards my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-proceeds-from-selling-personal-stocks-or-mutual-funds-count-towards-my-equity-injectio"},{"question":"Can an investor fund my SBA 7(a) down payment?","url":"https://dealroom.so/sba-7a/questions/can-an-investor-fund-my-sba-7-a-down-payment"},{"question":"How does life insurance effectively fund a business buy-sell agreement?","url":"https://dealroom.so/sba-7a/questions/how-does-life-insurance-effectively-fund-a-business-buy-sell-agreement"},{"question":"Can life insurance specifically fund a deceased partner's buyout by surviving owners?","url":"https://dealroom.so/sba-7a/questions/can-life-insurance-specifically-fund-a-deceased-partner-s-buyout-by-surviving-owners"},{"question":"Can an SBA 7(a) loan fund initial inventory for a new business?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-fund-initial-inventory-for-a-new-business"},{"question":"Does the SBA 7(a) loan program fund businesses that are just starting out?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-7-a-loan-program-fund-businesses-that-are-just-starting-out"}]},"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 — Mutual Fund","url":"https://dealroom.so/glossary/mutual-fund","source_type":"DealRoom Data"}}