Glossary · Doing the deal
In short
This is the legal process of establishing a lender's enforceable claim (lien) on a borrower's collateral, making it publicly known and prioritized over other creditors. It protects the lender's interest if the borrower defaults.
Your SBA 7(a) lender will perfect their lien on your business assets as part of the closing process, typically through a UCC filing. This ensures the SBA has the highest possible claim on the collateral. Confirm that all necessary steps for Lien Perfection are completed at closing to secure your loan.
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
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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