Quote:
Originally posted by Tom Earp
Dani, that is a shame to hear.
We would think that with the Number of People in Memberships that Nationals would have a little more barginning power with Loan institutions and something that would help lower Insurance rates for all of us who are in Housing of Chapters.
I just wonder since there is supposed to be a great intermingling of IFC and NPC that something as a Major Group effort could be worked out.
Just a thought.
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My take is that the loan from "natl." should be the last resort.
The chapter's advisors should include quality people, who can go to a bank/credit union, tell the story, and get a loan.
When the "natl." has a high interest rate, it forces the local chapters to try locally first. If the local banks won't make the loan, the "natl." office 800 miles away probably shoulldn't either.
There's no "natl." that can afford to loan $$ to many chapters.
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