{"ok":true,"canonical_url":"https://dealroom.so/glossary/year-to-date-interim-financial-statement","api_url":"https://dealroom.so/api/public/glossary/year-to-date-interim-financial-statement","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":"year-to-date-interim-financial-statement","term":"Year-to-date interim financial statement","group":"Reading the business","definition":"Financial reports covering a period from the beginning of the fiscal year up to a recent date, usually monthly or quarterly. Buyers care because it provides current performance data, essential for assessing recent trends and valuation.","what_it_means":"You'll need these statements, typically a P&L and Balance Sheet, to see how the business is performing *now*, not just last year. They help you spot recent changes, confirm seasonality, and ensure the business isn't declining. Your lender will require these to verify the business's ongoing viability.","url":"https://dealroom.so/glossary/year-to-date-interim-financial-statement","official_sources":[],"related":[{"slug":"p-l","term":"P&L","url":"https://dealroom.so/glossary/p-l"},{"slug":"balance-sheet","term":"Balance Sheet","url":"https://dealroom.so/glossary/balance-sheet"},{"slug":"fiscal-year","term":"Fiscal Year","url":"https://dealroom.so/glossary/fiscal-year"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"}],"related_questions":[{"question":"What if my personal financial statement shows low liquid assets?","url":"https://dealroom.so/sba-loans/basics/what-if-my-personal-financial-statement-shows-low-liquid-assets"},{"question":"How important is my personal financial statement for an SBA 7(a) loan application?","url":"https://dealroom.so/sba-7a/questions/how-important-is-my-personal-financial-statement-for-an-sba-7-a-loan-application"},{"question":"What is a 'personal financial statement' and why is it needed for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-a-personal-financial-statement-and-why-is-it-needed-for-an-sba-7-a-loan"},{"question":"What does a 'personal financial statement' entail and why is it needed for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/what-does-a-personal-financial-statement-entail-and-why-is-it-needed-for-an-sba-7-a-loan"},{"question":"When is a personal financial statement (SBA Form 413) required for non-owner guarantors of a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/when-is-a-personal-financial-statement-sba-form-413-required-for-non-owner-guarantors-of-a"},{"question":"What if my personal financial statement shows low liquidity, but I have a strong credit score and business plan?","url":"https://dealroom.so/sba-7a/questions/what-if-my-personal-financial-statement-shows-low-liquidity-but-i-have-a-strong-credit-sco"}]},"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 — Year-to-date interim financial statement","url":"https://dealroom.so/glossary/year-to-date-interim-financial-statement","source_type":"DealRoom Data"}}