{"ok":true,"canonical_url":"https://dealroom.so/glossary/article-9-of-the-uniform-commercial-code","api_url":"https://dealroom.so/api/public/glossary/article-9-of-the-uniform-commercial-code","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"article-9-of-the-uniform-commercial-code","term":"Article 9 of the Uniform Commercial Code","group":"People and paperwork","definition":"This is a set of laws governing secured transactions, specifically how lenders can take a security interest in personal property and fixtures. It dictates how liens are created, perfected, and enforced.","what_it_means":"Article 9 is the legal framework that allows your SBA 7(a) lender to secure the loan with business assets. It defines the process for filing a UCC Financing Statement to establish lien priority. Understanding Article 9's principles is key to comprehending the security interests your lender will require.","url":"https://dealroom.so/glossary/article-9-of-the-uniform-commercial-code","official_sources":[],"related":[{"slug":"ucc-financing-statement","term":"UCC Financing Statement","url":"https://dealroom.so/glossary/ucc-financing-statement"},{"slug":"uniform-commercial-code","term":"Uniform Commercial Code","url":"https://dealroom.so/glossary/uniform-commercial-code"},{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"perfect-lien","term":"Perfect lien","url":"https://dealroom.so/glossary/perfect-lien"}],"related_questions":[{"question":"How does the SBA handle a loan where the business assets are mostly intellectual property, such as software code?","url":"https://dealroom.so/sba-7a/questions/how-does-the-sba-handle-a-loan-where-the-business-assets-are-mostly-intellectual-property-"},{"question":"Can an SBA 7(a) loan finance the purchase of a commercial building for my business?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-finance-the-purchase-of-a-commercial-building-for-my-business"},{"question":"How does the SBA determine if a business is considered \"small\" for eligibility based on its NAICS code?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-determine-if-a-business-is-considered-small-for-eligibility-based-on-its-"},{"question":"Can the value of my owner-occupied commercial real estate serve as collateral for an acquisition loan?","url":"https://dealroom.so/sba-7a/questions/can-the-value-of-my-owner-occupied-commercial-real-estate-serve-as-collateral-for-an-acqui"},{"question":"What are the consequences if the NAICS code entered into E-Tran differs from the primary business activity in the loan narrative?","url":"https://dealroom.so/for-lenders/questions/what-are-the-consequences-if-the-naics-code-entered-into-e-tran-differs-from-the-primary-b"},{"question":"Can an SBA 7(a) loan finance the cost of purchasing a commercial vehicle fleet as part of a business acquisition?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-finance-the-cost-of-purchasing-a-commercial-vehicle-fleet-as-part-of-a"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Article 9 of the Uniform Commercial Code","url":"https://dealroom.so/glossary/article-9-of-the-uniform-commercial-code","source_type":"DealRoom Data"}}