Another source for lending is smaller banks
Credit Unions across America are providing part of the lending resolutions for the class c motorhome industry. More than 8,000 banks spread across this great land, representing a huge potential as a source of money for buying a RV motorhomes.I personally just financed two jet skis at 5.5% and it merely took a couple minutes to qualify for the loan. Another source for lending is smaller banks, which appear to have averted many of the fiscal problems that big corporate banks found themselves in.The travel trailer industry and many associations are working with credit unions to offer both wholesale and retail financing, which is desperately required. Based on my sources within the industry RV makers are finding a 25% increase in gross sales compared to 2008. A big problem for many RV manufacturers is procuring a serious flooring source to purchase new Class A Motorhomes.
