Beware of costly lender delays when executing tenant improvements

I have recently encountered some instances of business owners being caught in a financial squeeze due to lender delays for tenant improvements and equipping their business.
In one of those cases, a business owner was assured of securing their construction and equipment financing to build out their food services business, then came the delays by the lender as they sought to modify their lending terms and conditions.
While the negotiations between the business owner and their lender took an additi