In UtenSilos Blog

A big problem for many RV manufacturers

August 23rd, 2009

Lending institutions across America are offering part of the lending answers for the motorhomes industry. It has been stated that there are more than 7,000 Banks and Credit unions spread across the US, representing a huge prospective as a source of money for buying a RV.I personally just financed two jet skis at 5.5% and it merely took a couple moments to qualify for the loan. More sources for a loan is smaller banks, which look to have averted many of the fiscal problems that huge corporate banks found themselves in.The fifth wheel industry and certain groups are hooking up with credit unions to provide both retail and wholesale funding, which is urgently required. Based on my sources within the industry RV manufacturers are seeing a twenty percent growth in gross revenue compared to 2008. A big problem for many RV manufacturers is procuring a acceptable flooring source to purchase more inventory.

Entry Filed under: Travel