A Blanket Lien gives a creditor the right to seize all assets, as opposed to a normal lien, which usually is tied to a single asset. Because of this expanded right, a Blanket Lien is creditor favorable.
Ryan RobertsStartup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.
