SBA 7(a) Q&A
Short answer
Lenders require recent bank statements (typically 3-6 months) to verify the existence, ownership, and source of cash in personal checking or savings accounts used for equity injection.
The lender must verify that the equity injection funds are from an eligible source and are truly the borrower's own unencumbered funds. This is typically done by reviewing several months of bank statements to show the funds have been seasoned and are not recently borrowed or gifted from an ineligible source.
A buyer provides six months of personal bank statements showing a consistent balance of $150,000, confirming the source of their $100,000 cash equity injection for the acquisition.
Insider move
Lenders look for large, unexplained deposits or transfers in the bank statements that might indicate undisclosed borrowed funds or gifts from ineligible sources. They also confirm the funds are held in an account owned by the applicant.
SOP 50 10 - Lender and Development Company Loan Programs
SBA Form 1919 - Borrower Information Form
Last checked 2026-06-14. Official sources control — verify before relying on any rule for a live deal.
Last reviewed 2026-06-14 · SBA sources checked through 2026-06-14. DealRoom analysis of public SBA 7(a) lending records (FY2020–present). Grounded in the current SBA rulebook; verify against the official sources above before relying on it for a live deal. Not legal, tax, or financial advice, and not an approval decision.
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