No. Review the actual qualifying funds committed and the enterprise’s circumstances.
Distinguish credit availability from investment
Undisbursed or uncommitted financing is not automatically invested capital. Separate charges and enterprise-secured debt before relying on a total. Separate capital exposed to the enterprise from closing costs, professional charges, refundable reserves, and future operating funds.
The review should identify which payments have been made, which are contractually committed, and which can be withdrawn. Hypothetical example: an indoor-climbing instructor budgets for a lease deposit, insurance, equipment, legal fees, and three months of personal living costs. Those items should not be merged into one “investment” total without explaining their legal treatment and relationship to the enterprise.
There is no universal numerical minimum; substantiality depends on the cost and nature of the actual business. Confirm current government fees from official sources close to submission, because they can change. The investor should decide whether the financial record is mature enough before making nonrecoverable commitments, but should not assume that money sitting in a personal account is equivalent to an investment.
Keep invoices, contracts, and transfer records in chronological order. The review should flag any enterprise-asset-secured borrowing, because it may not count as the investor’s qualifying capital. The decision record should also separate money used for the investor’s personal living reserve from money allocated to the enterprise.
Combining them can make both the investment account and the operating forecast unclear.