Glossary · People and paperwork
In short
Documents signed by contractors, subcontractors, and suppliers, waiving their right to place a lien on a property. They confirm payment has been received for services or materials.
While more common in construction, lien waivers might be relevant in an acquisition if significant leasehold improvements or equipment installations are part of the deal. Your lender will want assurance that no new liens can be placed on collateral due to unpaid work by the seller.
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.
Know what you'll need before you apply
Tell us about the deal and who's buying — we'll flag the guaranty, eligibility, and paperwork issues that slow SBA approval before they cost you time.
Free · No documents · Usually same-day