Lending institutions across America are providing part of the lending solutions for the fifth wheel industry. More than 8,000 banks scattered across the states, representing a huge potential as a source of money for purchasing an RV.My partner just bought and financed a new vacation home at 6.0% and it merely took a couple minutes to qualify for the loan. More sources for a loan is smaller credit unions, Class C Motorhomes which seem to have averted many of the fiscal problems that large corporate banking companies found themselves in.The rv industry and certain groups are hooking up with credit unions to furnish both wholesale and retail financing, which is desperately needed. Based on my sources within the industry dealers are seeing a 25% step-up in sales compared to 2008. RV dealers are experiencing problems and one of the main problems is securing a good flooring source to purchase more Travel Trailers.
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