Glossary · Your money in the deal
In short
A CD is a savings certificate with a fixed maturity date and interest rate. It's a low-risk way to hold cash, but for an SBA loan, funds in a CD might need to be "seasoned" or liquidated to be considered part of your equity injection.
If your equity injection funds are held in a CD, ensure you can access them by the Closing date without penalty. Lenders will verify the source and seasoning of these funds. A CD is a good option for holding funds you intend to use for your equity injection, provided it meets the Seasoned funds criteria.
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Figure out your down payment and equity injection
Tell us your purchase price and how you're funding the down payment — we'll sanity-check the equity injection and show what lenders will actually accept.
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