Glossary · Reading the business
Asset statement
In short
This is a summary of all your personal assets and liabilities, providing a snapshot of your net worth. Lenders require it to verify your financial strength and ability to make an equity injection.
What it means in a deal
You'll submit a detailed Personal financial statement, which includes an asset statement, as part of your loan application. This document lists your cash, investments, real estate, and other valuables, alongside any debts. Ensure it's accurate and supported by bank statements or brokerage statements.
Official sources
SBA Form 1919 — Borrower Information Form
U.S. Small Business Administration · SBA form
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Related terms
Common questions about Asset statement
- What if my personal financial statement shows low liquid assets?
- What is the difference between an asset and stock purchase in a buyout?
- How important is my personal financial statement for an SBA 7(a) loan application?
- How does a recent significant personal asset purchase affect my SBA 7(a) loan application?
- When is an SBA Form 912 (Statement of Personal History) required for a non-owner guarantor?
- When is SBA Form 912, Statement of Personal History, specifically required for 7(a) loan applicants?
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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