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Old March 20th 17, 02:03 PM posted to rec.aviation.soaring
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Default We need an ASW-19 rebirth for $25,000

This is a good discussion. The closest thing to what you're talking about is the HPH 304C. I recently emailed Sean Franke and asked for a quote and was told that nobody had ordered one since 2014. A bulk order with cheaper US made trailers may be the way to go. The other key component to this is currently there's only 1 Bank that has loans specific to gliders. Yes you can take out a home equity line to partially finance the latest and greatest, but clubs cannot do this. As the Chair of the Growth and Retention Committee I intend to spend some face time to see what can be done for clubs who have at least 50% equity in their glider. Such loans shouldn't require a Guarantor where the glider is new or newly used and worth more than $50k. One option is to have pledges in the event of a default (which isn't quite the same thing as being a Guarantor but ought to still help reduce the risk for a bank). The next question is, who wants to get into the glider Repo business? Hopefully this won't be needed though.

Your feedback is appreciated.

Chris Schrader, Chair of SSA's Growth & Retention Committee