Glossary · Doing the deal
In short
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.
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.
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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