Insights into Lending

Kendall and Rebecca speak with Charley Cummings, CEO of Walden Mutual Bank. They discuss the concept of "voting with your dollars" and its impact on sustainable finance and agriculture. He shares insights on lending practices, stressing the importance of long-term relationships and understanding the unique challenges of multi-generational farms. Cummings emphasized the need for farmers to understand cash flow, accrual accounting, and amortization.

Show notes:  

Walden Mutual Bank - www.waldenmutual.com

EBITDA = Earnings Before Interest, Taxes, Depreciation, Amortization

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Kendall Kunelius – kendall.kunelius@unh.edu  

Rebecca Dube – rebecca.dube@unh.edu