2016 Drag Pak

Jeff Teuton · 07-02-2015, 04:53 PM

You know, an innovative person can finance these if you are a little creative. I am a car dealer first and a banker second. I have helped a couple of people finance these things. The key is they are identifiable by serial # even they have no title. Banks do it daily, use a UCC filing to record your interest in anything identifiable. In many states boats don't have titles, but have serial numbers. Now if you got a beacon score that won't stand a look, your local banker might not help. There is no national across the board program, but your local guy with everything else ok should be able to do it. Kevin and I were in Detroit for the last three days. Impressive cars, fast, going through tests now, Kevin drove one of them. They will both be in Denver. More as it unfolds. Lot of details available, but not here.

07-02-2015, 04:53 PM	#17
Jeff Teuton VIP Member Join Date: Jan 2002 Location: Houma, LA Posts: 2,717 Likes: 2 Liked 325 Times in 50 Posts	Re: 2016 Drag Pak You know, an innovative person can finance these if you are a little creative. I am a car dealer first and a banker second. I have helped a couple of people finance these things. The key is they are identifiable by serial # even they have no title. Banks do it daily, use a UCC filing to record your interest in anything identifiable. In many states boats don't have titles, but have serial numbers. Now if you got a beacon score that won't stand a look, your local banker might not help. There is no national across the board program, but your local guy with everything else ok should be able to do it. Kevin and I were in Detroit for the last three days. Impressive cars, fast, going through tests now, Kevin drove one of them. They will both be in Denver. More as it unfolds. Lot of details available, but not here. __________________ Jeff Teuton 4022 STK