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Glossary · Your money in the deal

Undisclosed Borrowed Equity

In short

Undisclosed borrowed equity refers to funds presented as a buyer's cash equity injection that were secretly borrowed, often from the seller or a related entity.

What it means in a deal

The SBA requires your equity injection to be unencumbered by debt. If you secretly borrow funds for your down payment, especially from the seller, it's considered undisclosed borrowed equity and will lead to loan denial. All sources of your equity must be fully transparent and meet SBA requirements.

Official sources

13 CFR Part 120 — Business Loans

Office of the Federal Register · Federal regulation

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 Undisclosed Borrowed Equity

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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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