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Old June 11th 13, 08:04 PM posted to rec.aviation.soaring
noel.wade
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Posts: 681
Default Glider Financing

So what kind of terms does Lea County Bank offer? Do they do small loans? A
friend of mine was looking at possibly buying a small taildragger 30k, and
most banks said they don't do small loans. They would gladly loan him
80-100k but nothing small.

Pete


Peter -

There are dozens of aircraft finance outfits around the country. Just
Google "Aircraft Loan" and you'll find several. Or call AOPA and ask
for their new aircraft finance division. They'll happily do loans of
that size (as long as the airplane isn't registered as a glider). :-P

--Noel
P.S. I'm about to get a call back and an answer on LCSB's current
terms. But when I checked a couple of years ago they were not all that
good...