Abstract: The present invention provides a method or system of commercial financing, whereby the buyer, the seller and a putative funding entity enter into a standardized agreement capable of creating an irrevocable commercial instrument between the buyer and the seller as consideration for the seller to deliver goods and/or services to the buyer. Such an instrument would authorize presentation of the instrument by any holder of the instrument at the buyer's bank at a specified date for a specified amount. In other words, the instrument would be negotiable, and the seller could tender the instrument in an open market to obtain the most competitive price for the instrument from a holder. Under the standardized agreement, any holder of the instrument would be able to present the instrument free of any commercial dispute between the buyer and the seller. In another embodiment, a financial intermediary provides a standardized agreement, and a forum for negotiating, creating, and clearing dated financial instruments.