Glossary · People and paperwork
Accountant's letter
In short
A letter from your accountant verifying your equity injection or other financial details. Lenders often require this to confirm your funds are 'seasoned' and legitimate.
What it means in a deal
For your equity injection, lenders often require an accountant's letter confirming the source and seasoning of funds. This helps prove your capital isn't borrowed or round-tripped, satisfying SBA requirements. Have your accountant ready to provide this document promptly.
Official sources
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.
Related terms
Common questions about Accountant's letter
- Does a gift letter need to be from a U.S. citizen or permanent resident for equity injection?
- Can professional fees incurred during the due diligence phase, like attorney or accountant fees, count towards my equity injection?
- Are there specific requirements for a gift letter if funds are received from multiple immediate family members for the down payment?
- How does a lender confirm an owner's U.S. citizenship if they were born in a U.S. territory or abroad to U.S. parents?
- What is the SBA's requirement for a buyer's post-closing working capital position?
- What specific documentation is required for a lender to verify U.S. citizenship if an owner was born in a U.S. territory or abroad to U.S. parents?
Defined by CapBench 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.
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