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Glossary · Your money in the deal

Borrowed funds

In short

These are funds you've taken as a loan, often from a friend or relative, to contribute to your equity injection. The SBA has strict rules about using borrowed funds for your down payment.

What it means in a deal

Borrowed funds are generally not allowed for the equity injection unless they are on full standby agreement and from a source not affiliated with the seller. If you use a Home equity line of credit (HELOC), it must be unencumbered from other liens.

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.

Common questions about Borrowed funds

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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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