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The RV industry
By admin | February 20, 2010
America and it’s Credit Unions are offering part of the lending answers for the RV industry. More than eight thousand banks scattered across this great land, representing an enormous prospective as a source of financing.My friends just bought a new car at 4.5% and it merely took a few minutes to qualify for the loan. Another source for lending is smaller banks, which look to have averted many of the fiscal troubles that huge corporate banking companies found themselves in.The RV industry and certain associations are working with credit unions to provide both retail & wholesale funding, which is desperately essential. Based on my sources within the industry RV makers are seeing a twenty five percent step-up in gross revenues compared to 2007. RV dealers are experiencing problems and one of the main problems is procuring a serious flooring source to purchase new stock.Mostly it appears like the funding freeze is beginning to dissolve and banks are beginning to loan once again, and is positive news for families that have been eagerly awaiting to purchase a RV. The timing could not be better – RV manufacturers are having sales which haven’t been seen in more than 20 years. If you’re in the market to buy a RV then now is the time to do it.
Topics: Travel | Comments Off
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