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#1
May 20th 19, 07:36 PM
posted to rec.aviation.soaring
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Glider Financing : Is Lea County State Bank still the only gamein town?
On Monday, May 20, 2019 at 10:56:19 AM UTC-6, ripacheco1967 wrote:
Looking into buying a glider... I bought three aircraft in the past, the ones that have a fan strapped to the nose  .I been looking at the financing options and they seem limited LCSB seems to be the "only" out there advertising for glider pilots. Rates are not that great though... is that the current state of affairs? Or I am missing something here? ==robert I'd try a local bank or credit union. My local bank was willing to lend me $15,000 at about 5% for 5 yrs on a glider advertised on W&W. A lot would depend on your credit score though as well. You may get a better loan as well if you set up a LLC/business and have a way to justify doing it as a business. 
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#2
May 20th 19, 07:51 PM
posted to rec.aviation.soaring
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Glider Financing : Is Lea County State Bank still the only gamein town?
That is good advice... maybe local lenders are more competitive.
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#3
May 20th 19, 08:52 PM
posted to rec.aviation.soaring
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Glider Financing : Is Lea County State Bank still the only gamein town?
Maybe a home improvement loan...
On 5/20/2019 12:51 PM, ripacheco1967 wrote: That is good advice... maybe local lenders are more competitive. -- Dan, 5J
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