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#8
June 6th 13, 11:53 PM
posted to rec.aviation.soaring
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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 
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