Pete talks with a banker and an insurance agent about subcontracting.
Banking and liability insurance are two issues that are important to subcontractors. In light of the recent economic changes, I felt now was a good time to stick a thermometer into both industries to get a current reading.
My first interview is with Mr. James L. Davis, CEO of Fife Commercial Bank, located in Washington State. Mr. Davis has been in banking for more than 30 years and has banked many subcontractors.