Glossary · People and paperwork
In short
If your spouse has an interest in collateral pledged for the loan, such as your home, they must sign this form. It confirms their awareness and agreement to the lien on the shared asset.
This form is required when personal assets, like a shared home, are used as collateral for your SBA loan. Your spouse is not personally guaranteeing the business debt, but they are acknowledging and consenting to the lender placing a lien on that joint property. Ensure they understand the distinction between consenting to a lien and providing a personal guarantee.
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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