ERIC Number: ED032954
Record Type: RIE
Publication Date: 1967-May
Reference Count: 0
Financing of Private Outdoor Recreation.
Bureau of Outdoor Recreation (Dept. of Interior), Washington, DC.
A survey of financial institutions was undertaken by the Bureau of Outdoor Recreation to evaluate the demand and availability of private credit for enterprises that provide outdoor recreation. The survey provided basic information for (1) evaluating legislative proposals for loan guarantee programs, (2) nationwide planning, and (3) assessing the role and problems of the private sector in providing outdoor recreation. Out of a sample of 2,091 banks, savings and loan associations, and life insurance companies, 72.1 percent (1,509 institutions) responded to the mail questionnaire. The principal finding was a need for improvement in the availability of credit for financing outdoor recreation enterprises. In addition, financial institutions lacked information regarding these enterprises and their potential as borrowers. (TL)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Bureau of Outdoor Recreation (Dept. of Interior), Washington, DC.