{"ok":true,"canonical_url":"https://dealroom.so/glossary/personal-funds","api_url":"https://dealroom.so/api/public/glossary/personal-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":"personal-funds","term":"Personal Funds","group":"Your money in the deal","definition":"Money you personally own and contribute to the business acquisition. Lenders scrutinize the source to ensure it's truly yours and unencumbered.","what_it_means":"Your Personal Funds are a key part of the Equity Injection required for an SBA 7(a) loan. Lenders will require documentation, like bank statements, to \"season\" these funds, proving they've been in your account for at least two months and aren't disguised debt or round-tripped.","url":"https://dealroom.so/glossary/personal-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"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"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":"out-of-pocket","term":"Out of pocket","url":"https://dealroom.so/glossary/out-of-pocket"},{"slug":"bank-statement","term":"Bank Statement","url":"https://dealroom.so/glossary/bank-statement"}],"related_questions":[{"question":"Can personal funds borrowed from a credit union against personal assets count towards my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-personal-funds-borrowed-from-a-credit-union-against-personal-assets-count-towards-my-e"},{"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":"Can funds from a personal line of credit secured by non-personal real estate be equity injection?","url":"https://dealroom.so/for-lenders/questions/can-funds-from-a-personal-line-of-credit-secured-by-non-personal-real-estate-be-equity-inj"},{"question":"What documentation verifies funds for equity injection transferred from a personal investment account?","url":"https://dealroom.so/for-lenders/questions/what-documentation-verifies-funds-for-equity-injection-transferred-from-a-personal-investm"},{"question":"What documentation is required to verify equity injection funds from a personal investment account?","url":"https://dealroom.so/sba-7a/questions/what-documentation-is-required-to-verify-equity-injection-funds-from-a-personal-investment"},{"question":"Can personal funds borrowed against assets not being acquired count as my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-personal-funds-borrowed-against-assets-not-being-acquired-count-as-my-equity-injection"}]},"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 — Personal Funds","url":"https://dealroom.so/glossary/personal-funds","source_type":"DealRoom Data"}}