Len Morrissey is back again to discuss current trends in the banking world. Len spent many years as a loan officer at several Boston-area banks, before joining Jay at RAPID Manufacturing as the CFO. Most recently, Len co-founded and now runs a business loan underwriting practice: Morrissey Metcalfe and Associates. Here, Len and Jay discuss current events in the banking world as they relate to interest rates and loans, and take a deep dive into a term sheet for a current mortgage Jay is applying for. Len helps us understand what banks are looking for and where you can negotiate when looking for loans.
Resources
Mike Sternat & Scott Hartrick from Dynamic Metal Innovations
Carla Mathiason of American Flexible Products
Noah Graff: Used Machinery Dealer and Host of ”Swarfcast”
Purchasing a Job Shop
The Cybersecurity Maturity Model Certification (CMMC) Program with Bill Berrien & Jason Luce
The Pricing Series with Justin Quinn of Focused on Machining
Brandon Lamoncha of Humtown Additive
Jesse Casto of BetterCNC
Mark Barglof of Kinetic Technologies
Rafal Gliwiak of Pro Fabricating
Lance Thrailkill of All Metals Fabricating
The Pricing Series Episode 15: Seasonality in Custom Manufacturing
The Pricing Series with Nick Mosey of Moseys’ Production Machinists
Jim Fitch, Vice President of Engineering, Nu-Way Industries
The Pricing Podcast Episode Episode 14: Happy New Year
The Pricing Podcast Episode 13: Material Pricing
Kevin Heins of KLH Industries
Succession Planning with Ashleigh Wehrle of Area Tool Manufacturing, Inc.
The Pricing Podcast Episode 12 with Special Guest Scott Duncan of F&M Tool and Die
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