{"ok":true,"canonical_url":"https://dealroom.so/sba-7a/questions/can-the-value-of-my-existing-personal-vehicle-if-contributed-to-the-business-count-towards","api_url":"https://dealroom.so/api/public/questions/can-the-value-of-my-existing-personal-vehicle-if-contributed-to-the-business-count-towards","question":"Can the value of my existing personal vehicle, if contributed to the business, count towards the equity injection?","topic":"Non-Cash Equity","audience":"borrower","bot_mode":"buyer","short_answer":"Generally, no, the value of a personal vehicle cannot count towards the equity injection for an SBA 7(a) loan.","rule":"The SBA specifies acceptable forms of equity injection, primarily unencumbered cash and, in some cases, certain business assets or equipment directly related to the acquired business and valued by a qualified third party. Personal assets like vehicles not intrinsic to the business operation are generally not allowed.","example":"If you wanted to contribute a $25,000 truck you personally own to the acquired landscaping business, it would likely not count toward your equity injection unless it was a specialized asset essential to the business and formally appraised for that use.","what_lenders_check":"Lenders scrutinize non-cash equity to ensure it provides real value to the business, is properly valued, and directly supports the business operations. Personal assets unrelated to the core business are typically excluded to prevent inflated equity claims.","required_facts":["Asset type","Personal vs. business","Direct business use","Valuation"],"source_families":["SOP 50 10 - Lender and Development Company Loan Programs","13 CFR Part 120 - Business Loans"],"official_sources":[{"title":"SOP 50 10 - Lender and Development Company Loan Programs","url":"https://www.sba.gov/sites/default/files/2025-05/SOP%2050%2010%208%20Technical%20Updates%20effective%206.1.2025.docx"},{"title":"13 CFR Part 120 - Business Loans","url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120"}],"related_questions":[],"related_terms":[{"term":"Loan-to-Value","url":"https://dealroom.so/glossary/loan-to-value"},{"term":"Repair to the guaranty","url":"https://dealroom.so/glossary/repair-to-the-guaranty"},{"term":"Contributed Asset","url":"https://dealroom.so/glossary/contributed-asset"},{"term":"Contributed Equipment","url":"https://dealroom.so/glossary/contributed-equipment"},{"term":"Loan-to-value ratio","url":"https://dealroom.so/glossary/loan-to-value-ratio"},{"term":"Alienate the Business","url":"https://dealroom.so/glossary/alienate-the-business"}],"related_tools":[{"name":"SBA 7(a) payment & fee calculator","url":"https://dealroom.so/sba-7a/calculator"},{"name":"Find an active SBA 7(a) lender","url":"https://dealroom.so/lenders"}],"data_freshness":{"last_reviewed":"2026-06-13","sba_rule_sources_checked_through":"2026-06-13"},"citation":{"label":"DealRoom.so SBA 7(a) Q&A","url":"https://dealroom.so/sba-7a/questions/can-the-value-of-my-existing-personal-vehicle-if-contributed-to-the-business-count-towards","source_type":"DealRoom Q&A"},"caveats":["Grounded in the current SBA rulebook; verify against official sources before relying on it for a live deal.","Not legal, tax, or financial advice and not an approval decision."]}