Working with regional banks vs other banks as an operator

Agreed with ^Searchfunder member‌, if you are needing ongoing financing through non-SBA program I would prioritize gong with a regional Bank that can continue to fund your requirements. If it is an SBA loan, I haven't found any advantage of using someone local vs. non-local. I am typically non-local to most of the deals I do and do not run into any issues in regards to that. Reach out if you'd like to discuss further or if you need SBA financing.

Well established banking relationships across your multiple needs can enable better options for whatever you are prioritizing at that point. A good personal relationship, prior professional relationships, current professional and then a banking relationship / familiarity with the business that's being acquired/ran can be a good way to bounce requests between to see if you're 'getting the best deal' (whatever it is you're prioritizing in that moment, whether rates, terms, flexibility, covenants, limitations, etc). Most would say that a deep relationship with a singular entity is most beneficial (though this is usually the case until it really isn't - say, degradation of cash flow that leads to a bridge loan, or expansion line of credit that will go towards acquisition of something similar but not directly related that is misunderstood.