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Old June 6th 13, 11:53 PM posted to rec.aviation.soaring
Greg Arnold
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Posts: 251
Default 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