SBA Financing

searcher profile

March 02, 2026

by a searcher from Hofstra University - Frank G. Zarb School of Business in Miami, FL, USA

Hello Searchers, I am trying to figure out if I can use HELOC proceeds from personal and investment properties as funds towards the 5-10% down needed for a SBA 7a. What about post closing liquidity requirements? Also, anyone work with Viso to obtain an SBA 7a? They are a lending broker and get paid by the lender at closing. Can anyone shed some color on this? Thank you! Regards, Veeno S
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commentor profile
Reply by a lender
from Cornell University in Los Angeles, CA, USA
Hi ^redacted‌ - nice to meet you. To quickly answer your questions - yes absolutely. A HELOC can be used for your down payment or post-close liquidity if you move it to your bank account. Make sure that the HELOC is active with a token draw. More importantly, the SBA doesn’t penalize you for tapping equity. We have a lot experience financing various companies via the SBA. If you ever need help reviewing a deal, I am happy to help. We work with all the major SBA lenders. The bank pay us after your loan closes, so this is a 100% free service for you. You can email me directly at redacted or schedule a meeting with me: https://cal.com/francodeguzman/30min. Look forward to chatting!
commentor profile
Reply by a searcher
from Western Governors University in Miami, Florida, United States
Hi Veeno. I had this conversation with multiple bankers. Will be happy to give summaries. The earlier you open the heloc the better. Also , as long as the money is in your account 30 days prior to closing
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