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Old June 11th 13, 04:31 PM posted to rec.aviation.soaring
noel.wade
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Default Glider Financing

On Jun 11, 7:41*am, wrote:
--Noel


Noel: No disagreement, actually. A glider is durable and fairly easy to sell, so we should be able to borrow to finance them at reasonably low rates.. (For those who don't have home equity or other resources.) I presume it's just so small a market that nobody other than Lea County Bank has developed the expertise.


I know I'm verging on beating a dead horse here; but what I find
fascinating (and frustrating) is that the "expertise" is _no_
different than most other aircraft loans... So there should be
_several_ companies that have the necessary expertise (its not like
Escrow or Title Searches or FAA Forms are different when its a
glider)! Its just weird...

--Noel