I should add that this is not just a rant because I'm personally
affected. It has larger implications for US Soaring:

How do we expect new folks to get into the sport if they cannot find
reasonable paths to sailplane ownership?

Additionally, how do we expect clubs (or small partnerships) to
acquire aircraft or make capital/fleet improvements, if they cannot
find reasonable financing? Sure, they could do a business loan if
they're a large-enough entity; but collateralized/secured loans are
far more affordable than unsecured loans, and a far better way to
handle asset acquisition. There's a reason why most people do car
loans and mortgages, instead of unsecured loans or cash payments for
these large assets!

--Noel