SBA Financing

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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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!

Reply by a searcher
from University of Texas at Austin in Austin, TX, USA

You can do it, and I am doing something similar with an asset backed line of credit, BUT to avoid piercing the corporate veil (and thereby opening up yourself to potential personal liability, especially with your personal home if its in your name) my accountant and attorney both recommended having a loan doc in place, from yourself to your entity, and never missing a payment. I literally created an amortization schedule for myself with a monthly payment schedule I thought I could keep. I will always make those payments, and keep enough in my business account to cover a few months in the future, though i is my goal to make additional principal payments in good months.

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