Echo
June 10th 13, 08:53 PM
I initially financed through the Lea County people in Hobbs.  Glad the option was there, but the terms were rough.  I then took my case to my employer's credit union, where it was turned down.  Even though they serve aviation professionals, they told me they don't do sailplanes.  I briefly considered calling it a boat like the old days of glider financing (It's a sail[mumble], made out of fiberglass, and comes with a trailer.  Then I decided to build my case for my credit union, and had a valuation assessment done by one of the repairshops that imports and had specific experience with my bird.  After a long process, and agreeing to use the trailer as part of the collateral with the glider, I ended up with 2.99% and a new respect for credit unions' willingness to work something out.  Have since moved all my stuff away from big bank and over to them.
Jordan
ASW20 E
Jordan
ASW20 E