Glossary · Your money in the deal
In short
A gift is money given to the buyer by an immediate family member to fund a portion of their equity injection. It must be truly unencumbered and not require repayment.
If you're using a gift for your down payment, the lender will require a gift letter from the donor confirming it's a true gift with no expectation of repayment. The funds must be seasoned in your bank account or transferred directly to escrow. This is a common way to meet the equity injection requirement.
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.
Free · No documents · Usually same-day