Commercial loan modifications is becoming a more common solution for both business owners and lenders during a difficult economic recession.  Like any classic loan modification, the basic principle is mitigating loss for the lender and the borrower.  A commercial loan workout is a creative solution that may be overlooked without aggressive negotiation. The commercial loan workout process is for a business or individual that owns a commercial property such as a strip mall, shopping center, apartment building, warehouse, office building, etc., agree with the mortgage holder to permanently change the terms of the original note.