{"ok":true,"canonical_url":"https://dealroom.so/glossary/unconditional-gift","api_url":"https://dealroom.so/api/public/glossary/unconditional-gift","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":"unconditional-gift","term":"Unconditional Gift","group":"Your money in the deal","definition":"This is money received from an immediate family member without any expectation of repayment or future consideration. It can be used as part of your equity injection for an SBA 7(a) loan, provided it's properly documented.","what_it_means":"An unconditional gift must be documented with a gift letter, signed by the donor, stating no repayment is expected and no lien will be placed on the business. These funds must be \"seasoned\" in your bank account or transferred directly to escrow at closing. Lenders will scrutinize the source to ensure it's not disguised debt.","url":"https://dealroom.so/glossary/unconditional-gift","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":"gift-letter","term":"Gift letter","url":"https://dealroom.so/glossary/gift-letter"},{"slug":"seasoned-funds","term":"Seasoned funds","url":"https://dealroom.so/glossary/seasoned-funds"},{"slug":"disguised-debt","term":"Disguised debt","url":"https://dealroom.so/glossary/disguised-debt"}],"related_questions":[{"question":"How does a lender verify a gift used for equity injection?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-verify-a-gift-used-for-equity-injection"},{"question":"What specific documentation is required for gift funds used for an equity injection?","url":"https://dealroom.so/sba-7a/questions/what-specific-documentation-is-required-for-gift-funds-used-for-an-equity-injection"},{"question":"What documentation is needed if my equity injection comes from a personal gift?","url":"https://dealroom.so/sba-loans/basics/what-documentation-is-needed-if-my-equity-injection-comes-from-a-personal-gift"},{"question":"Can a family gift count for my SBA 7(a) loan down payment?","url":"https://dealroom.so/sba-loans/basics/can-a-family-gift-count-for-my-sba-7-a-loan-down-payment"},{"question":"Can gift funds from a non-family investor count towards my down payment?","url":"https://dealroom.so/sba-7a/questions/can-gift-funds-from-a-non-family-investor-count-towards-my-down-payment"},{"question":"If my parents gift me $75,000 for a down payment, what documentation is required?","url":"https://dealroom.so/sba-7a/questions/if-my-parents-gift-me-75-000-for-a-down-payment-what-documentation-is-required"}]},"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 — Unconditional Gift","url":"https://dealroom.so/glossary/unconditional-gift","source_type":"DealRoom Data"}}