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Commercial Financing Solutions Think Outside The Bank July,2020 by Stephen Bush Commercial financing borrowers are likely to feel that a traditional bank is their best source for business financing. However, because most traditional banks focus on a small number of established industries, nontraditional (nonbank) and nonlocal mercial lenders should be considered for most mercial financing situations. Therefore the remended mercial financing strategy (as discussed in this article) is to Think Outside the Bank”. There are several mercial financing situations in which mercial borrowers will frequently find that nontraditional mercial lenders are better positioned to provide terms that are more advantageous to the mercial borrower: (1) Business cash advance and credit card factoring programs。 (2) mercial mortgage loans。 and (3) credit card processing programs. In some cases a traditional bank will offer to provide mercial financing but will attach excessively stringent terms and covenants. In other cases a traditional bank will decline the mercial financing outright, perhaps because they do not even provide business financing to the mercial borrower’s particular industry. In either case, the mercial borrower is likely to benefit by Thinking Outside the Bank”. As I noted in an ear