Glossary · People and paperwork
In short
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.
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.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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