{"ok":true,"canonical_url":"https://dealroom.so/glossary/net-worth","api_url":"https://dealroom.so/api/public/glossary/net-worth","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":"net-worth","term":"Net Worth","group":"Your money in the deal","definition":"The total value of an individual's or company's assets minus their liabilities. For a buyer, it's a key indicator of personal financial strength and eligibility for an SBA loan.","what_it_means":"Your personal financial statement will detail your net worth, which lenders review as part of your overall creditworthiness. A strong personal net worth, along with sufficient liquidity, helps assure the lender you can withstand financial shocks. Ensure your financial statement is accurate and fully supported by documentation.","url":"https://dealroom.so/glossary/net-worth","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"},{"slug":"sba-form-1919","title":"SBA Form 1919 — Borrower Information Form","official_url":"https://www.sba.gov/document/sba-form-1919-borrower-information-form","official_label":"View on SBA.gov","authority_tier":4,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sba-form-1919"}],"related":[{"slug":"personal-financial-statement","term":"Personal financial statement","url":"https://dealroom.so/glossary/personal-financial-statement"},{"slug":"liabilities","term":"Liabilities","url":"https://dealroom.so/glossary/liabilities"},{"slug":"personal-liquidity","term":"Personal liquidity","url":"https://dealroom.so/glossary/personal-liquidity"},{"slug":"assets","term":"Assets","url":"https://dealroom.so/glossary/assets"}],"related_questions":[{"question":"What is the specific personal net worth threshold that triggers a personal guaranty requirement for an owner?","url":"https://dealroom.so/sba-7a/questions/what-is-the-specific-personal-net-worth-threshold-that-triggers-a-personal-guaranty-requir"},{"question":"Can I use an SBA 7(a) loan to purchase a business with a negative net worth?","url":"https://dealroom.so/sba-7a/questions/can-i-use-an-sba-7-a-loan-to-purchase-a-business-with-a-negative-net-worth"},{"question":"Can an SBA 7(a) loan be used to purchase a business with a negative net worth?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-be-used-to-purchase-a-business-with-a-negative-net-worth"},{"question":"Can an SBA 7(a) loan be used to purchase a business with a negative tangible net worth?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-be-used-to-purchase-a-business-with-a-negative-tangible-net-worth"},{"question":"What if my business has a negative net worth? Can I still get an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-if-my-business-has-a-negative-net-worth-can-i-still-get-an-sba-7-a-loan"},{"question":"What is the maximum net worth requirement for a business to qualify as \"small\" for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-is-the-maximum-net-worth-requirement-for-a-business-to-qualify-as-small-for-a-7-a-loa"}]},"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 — Net Worth","url":"https://dealroom.so/glossary/net-worth","source_type":"DealRoom Data"}}