Confession of Judgement

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March 16, 2026

by a searcher from Columbia University in USA

Is it common for SBA lenders to include a confession of judgement provision in the loan agreement?
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Reply by a searcher
from Virginia Polytechnic Institute and State University (Virginia Tech) in USA
No and I would not sign one. That is a red flag and not a good partner. A COJ is prohibited by law in many states.
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Reply by a searcher
from St. Petersburg College in Tampa Bay, Florida, USA
Not normal in SBA land and not something I would ever sign.
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