Why do Finance Companies Hate Sailplanes?
On 6/6/2013 3:27 PM, Doug Mueller wrote:
At 21:37 06 June 2013, Bob Kuykendall wrote:
On Jun 6, 1:32=A0pm, "noel.wade" wrote:
Anyone know why US Banks & Aircraft Finance companies are
so averse to
glider loans?
What's a glider loan?
Noel, Call Robert Floyd over at Lea County. He doesnt know your
looking for a loan. his cell is 575-397-6609. He braggs that a glider
guy has never defaulted. He says its easy money.
Easy money for him, for sure, if he is charging 6% to 10% (see Noel's
post above), and if there is no chance of default.
Good luck, Doug
|