PPRuNe Forums - View Single Post - How to obtain a big loan for pilot training?
Old 11th Jan 2012, 13:24
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mad_jock
 
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Your going to have to secure it off some form of capital.

And the banks are correct it is an unacceptable level of risk lending for pilot training.

I have a sneaky suspicion that the number of bankrupcys is going to go through the roof in the next 36 months. Not that they have given unsecured loans to pilots for years.
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