Glossary · Doing the deal
Specific Lien
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.
What it means in a deal
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.
Related terms
Common questions about Specific Lien
- What are the specific requirements for a lender to obtain a valid first lien position on UCC collateral when prior liens exist?
- When must a lender take a lien on specific equipment for collateral, beyond a blanket lien?
- What are the specific lien priority requirements for lenders on both business and personal collateral securing a 7(a) loan, particularly when junior liens exist?
- Beyond a blanket lien, what specific business assets typically provide significant collateral for an acquisition loan?
- When can a second lien position be acceptable for specific assets on a 7(a) loan?
- Are there specific requirements for perfecting a lien on intellectual property as collateral for a 7(a) loan?
Defined by CapBench 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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