{"ok":true,"canonical_url":"https://dealroom.so/glossary/specific-lien","api_url":"https://dealroom.so/api/public/glossary/specific-lien","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":"specific-lien","term":"Specific Lien","group":"Doing the deal","definition":"A specific lien attaches to a particular asset, like a piece of equipment or real estate. It gives the creditor a claim only on that designated item, not all your assets.","what_it_means":"In an SBA 7(a) loan, specific liens are common on major assets like machinery, vehicles, or owner-occupied commercial real estate. You need to understand which assets are encumbered by specific liens and their lien position, as this affects your equity and the lender's security.","url":"https://dealroom.so/glossary/specific-lien","official_sources":[],"related":[{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"},{"slug":"first-lien","term":"First lien","url":"https://dealroom.so/glossary/first-lien"},{"slug":"owner-occupied-commercial-real-estate","term":"Owner-occupied commercial real estate","url":"https://dealroom.so/glossary/owner-occupied-commercial-real-estate"}],"related_questions":[{"question":"What are the specific requirements for a lender to obtain a valid first lien position on UCC collateral when prior liens exist?","url":"https://dealroom.so/for-lenders/questions/what-are-the-specific-requirements-for-a-lender-to-obtain-a-valid-first-lien-position-on-u"},{"question":"When must a lender take a lien on specific equipment for collateral, beyond a blanket lien?","url":"https://dealroom.so/for-lenders/questions/when-must-a-lender-take-a-lien-on-specific-equipment-for-collateral-beyond-a-blanket-lien"},{"question":"What are the specific lien priority requirements for lenders on both business and personal collateral securing a 7(a) loan, particularly when junior liens exist?","url":"https://dealroom.so/for-lenders/questions/what-are-the-specific-lien-priority-requirements-for-lenders-on-both-business-and-personal"},{"question":"Beyond a blanket lien, what specific business assets typically provide significant collateral for an acquisition loan?","url":"https://dealroom.so/sba-7a/questions/beyond-a-blanket-lien-what-specific-business-assets-typically-provide-significant-collater"},{"question":"When can a second lien position be acceptable for specific assets on a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/when-can-a-second-lien-position-be-acceptable-for-specific-assets-on-a-7-a-loan"},{"question":"Are there specific requirements for perfecting a lien on intellectual property as collateral for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/are-there-specific-requirements-for-perfecting-a-lien-on-intellectual-property-as-collater"}]},"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 — Specific Lien","url":"https://dealroom.so/glossary/specific-lien","source_type":"DealRoom Data"}}