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Old 9th Dec 2008, 14:53
  #22 (permalink)  
Upslope
 
Join Date: Jun 2008
Location: London
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Here's something that will hopefully make people think a little.

A friend of mine who has 3000TT and multiple Citation ratings, was laid off recently. He found a job very luckily on a Lear 45. The company want a training bond of £20,000 up front, all of which, plus interest, they will pay back to him over two years. Which is fair enough and as he's not technically paying for a rating, it sits well with me.

He has an employment contract stating the bond conditions and a personal letter of guarantee from the MD and so far he has been turned down by 4 of the big money lenders on the high st. Now my point is....... if a situation like this is nearly impossible to raise funds for...... What chance is there of raising funds for newbies.

Pls save your money, take your time and keep an eye on the industry. DON'T get suckered by the propaganda rubbish spouting from the big schools.
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