Rumor has it Clayton Bank has recently been upbraided by their auditors and is temporarily suspending their chattel lending operations. Great Northern Funding does seem to still be in business, but has tons of paperwork to fill out and is warning that their lending standards have tightened considerably and that it’ll take 60+ days for me to actually get the money.
Is there anyone else out there who actually lends on chattel? I’d be interested both in talking with financing companies and any individuals looking to invest. 9% - 15% interest, anyone?