{"ok":true,"canonical_url":"https://dealroom.so/glossary/pledge","api_url":"https://dealroom.so/api/public/glossary/pledge","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":"pledge","term":"Pledge","group":"Doing the deal","definition":"A pledge is a formal commitment to offer assets as security for a loan. It grants the lender a security interest in specific property until the debt is repaid.","what_it_means":"In an SBA 7(a) acquisition, you'll pledge various business assets, such as equipment, inventory, and accounts receivable, as collateral. You might also pledge personal assets. This means if you default, the lender can seize and sell these assets to recover their money. Understand exactly what you are pledging and its implications.","url":"https://dealroom.so/glossary/pledge","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"security-interest","term":"Security Interest","url":"https://dealroom.so/glossary/security-interest"},{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"},{"slug":"pledge-agreement","term":"Pledge Agreement","url":"https://dealroom.so/glossary/pledge-agreement"}],"related_questions":[{"question":"Do I always need to pledge collateral for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/do-i-always-need-to-pledge-collateral-for-an-sba-7-a-loan"},{"question":"If the business's assets are insufficient, will I need to pledge personal assets as collateral?","url":"https://dealroom.so/sba-7a/questions/if-the-business-s-assets-are-insufficient-will-i-need-to-pledge-personal-assets-as-collate"},{"question":"Do I need to pledge personal collateral, like my home, for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/do-i-need-to-pledge-personal-collateral-like-my-home-for-an-sba-7-a-loan"},{"question":"If the business assets are not enough, will the SBA require me to pledge my primary residence as collateral for a $700,000 loan?","url":"https://dealroom.so/sba-7a/questions/if-the-business-assets-are-not-enough-will-the-sba-require-me-to-pledge-my-primary-residen"},{"question":"What types of assets are commonly pledged as collateral for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-types-of-assets-are-commonly-pledged-as-collateral-for-an-sba-7-a-loan"},{"question":"Can pledged marketable securities, like stocks, serve as additional collateral for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/can-pledged-marketable-securities-like-stocks-serve-as-additional-collateral-for-an-sba-7-"}]},"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 — Pledge","url":"https://dealroom.so/glossary/pledge","source_type":"DealRoom Data"}}