Wilson Combat Finance Program

Wilson-Combat-Logo-copy

Wilson Combat seems to have just came out with a fiance program for those interested in buying high end 1911s (most likely their rifles as well, but it doesn’t explicitly say) and having a monthly payment would make things alot easier budget wise. This is an excerpt from the page-

Wilson Combat is proud to partner with First National Bank of North Arkansas to offer you an easy and affordable financing option for your Wilson Combat purchase. Owning your dream gun has never been easier.

Here’s how it works…

  1. Contact us via our online gun builder or on the phone to choose the gun and options you wish to purchase. You will be provided with the final cost of the firearm.
  2. Apply online here for financing. You will receive a response within 1-2 business days.
  3. Upon approval, First National Bank of North Arkansas will alert us to place your order. At this point no order cancellations or changes are possible.
  4. When your gun is ready to be built, we will confirm the gun build details during our “kit call.”
  5. Your gun will be built and sent to your FFL.

It certainly is great to hear about banks actually partnering with gun companies instead of refusing to conduct business with them or flat out cancel accounts on them.

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An example of a payment plan as is featured on the webpage.

Over on 1911FORUM.com, a Wilson Combat rep also announced it through a thread, there’s is a generous amount of comments and concerns going back and forth there as well. It is pretty up there at 12 percent interest though, as┬áseveral had commented. Wilson Combat had this to say-

We do not make a dime off the interest on this program. We have merely worked with a local bank to offer the option in a professional fashion-we get at least one request a day for financing.

This is simply a case of responding to customer demand.

If you don’t like it, don’t finance a gun.



Miles V

Former Infantry Marine, and currently studying at Indiana University. I’ve written for Small Arms Review and Small Arms Defense Journal, and have had a teenie tiny photo that appeared in GQ. Specifically, I’m very interested in small arms history, development, and Military/LE usage within the Middle East, and Central Asia.

If you want to reach out, let me know about an error I’ve made, something I can add to the post, or just talk guns and how much Grunts love naps, hit me up at miles@tfb.tv


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  • Don Ward

    If you need a finance program to buy a handgun perhaps you shouldn’t be buying said handgun. Not that this advice will effect the decision making of Bubba down to the trailer court.

    • MR

      True, but if they can get approved for this loan, I’m sure they could get approved for a credit card too, and end up in the same situation or worse. As the article stated, it’s good to see a bank work with a firearms company.

      • Don Ward

        It is interesting. However, said bank will make $640 on a $5,000 loan which in my world $640 will buy you a darn fine handgun (either new or used) in just about any configuration you want. But I guess some folks have to keep up with the Jones buy getting a loan for that next BBQ gun.

    • Vitsaus

      I 100% agree, but you’re about to get flamed by the peanut gallery for your elitism and classist remarks. Your position applies to pretty much everything in life though, if more people thought that way, we wouldn’t have such a fragile economy.

      • wetcorps

        Yeah. Especially states…

      • Grindstone50k

        yeah, if you need a finance program to buy a car, perhaps you shouldn’t be driving, right?

        • nadnerbus

          If you have to have said gun so you can use it every single day in order to earn a living, that would be an apt comparison.

          It’s more like, do you need to take out a loan for that 50,000 dollar luxury car, or could you just buy the 20,000 dollar Toyota?

    • Mike E

      If you need a finance program to buy a new car perhaps you shouldn’t be buying said car. There are plenty of used cars that can be had for $2000 or less.

      • Don Ward

        *Shrug* And you can get a loan for a house. Or a business. However, there is a fine line between obtaining loans for items such as a house or a car and obtaining a loan for consumer items like a gun, a speedboat, a set of bedroom furniture or the latest electronic gizmo.

        • Paul White

          I wouldn’t even call it a fine line. It’s pretty huge

          • RICH

            WE’RE TALKING ABOUT A FRIGGIN’ $700 PISTOL, NOT A DAMN CAR ! DON’T GET LOST HERE……

          • Nick

            Where are you buying Wilson combat pistols at for $700?

      • flyingburgers

        Not necessarily.
        1. If the car is for work, interest is deductible.
        2. The cost per mile, with repairs, of an old car can be comparable to a new car. If you go off road or rural locations, a single tow starts at $500. Worse, imagine your old car causing a crash. Saving a few bucks worth risking your life? One good hospital trip costs you the same as a new car.
        3. New cars come with subsidized financing, even down to 0%. If you’re offered 0%, take the same bundle of money, stick it in any investment, and you’ll win.
        The rule of thumb is that if you save money financing over paying up front, take the financing.

        • RICH

          WAKE UP DUDE….. ! YOU BUY WHAT YOU CAN AFFORD WITHIN YOUR BUDGET….. SIMPLE !

      • Paul White

        Cars at least are a lot more useful than a handgun by and large. And you’re hard pressed (at least here) to get a *reliable* car for 2k or less

    • Grindstone50k

      Didn’t take long for the elitist comments to come out.

      • Don Ward

        Oh? How is being thrifty and living within your means considered elitist? Edit: I’m actually kind of a fan of Hi Point.

        • Grindstone50k

          No, bashing others for not having immense financial reserves is what makes you elitst. Not everyone has the same financial situation as you and to make a blanket statement as if you’re the final authority on that is beyond the pale.

          • nadnerbus

            You read too much into his post, IMO.

            Financing luxuries is just bad fiscal practice. Financing necessities is somewhat different, where costs/benefits can be weighed and sometimes the trade-off is worth it.

            That Wilson Combat isn’t going to get me to work every morning, and I’m pretty sure I can’t write the interest off on my taxes.

          • Don Ward

            But don’t you see, I am the final authority on that. You can tell by the 10-year old Carhart jacket, faded blue jeans and Army surplus boots that I’m wearing in my profile picture. THINK!

          • Paul White

            He’s not bashing for not having those financial means; he’s bashing people for buying stuff that’s decidedly a luxury when you don’t have the means.

            I can’t afford a Wilson Combat 1911. Just flat can’t. So I won’t rather than go into debt over o ne

    • Mike Troxell

      I tend to agree. However, i can see how this could be useful for someone who can afford a Glock, or even a Kimber, but can’t afford his dream gun.
      For example, i buy plenty of firearms, yet most of them cost between $800-$1200. Rarely, i will spend $2,000 on the weapon alone since the optic typically runs that much or more. Hell i have never spent more than $1100 on a pistol but would love to own a WC. However, i just can not justify the cost.
      I am sure there are plenty of people out there who could easily buy it if they didn’t buy the other 6 guns. This just makes it easier to hide it from our wife.

  • NDS

    Easiest way to “finance” a Wilson is do what I did:

    – Go to your local gun shop that is an authorized Wilson dealer
    – Design and order a custom gun, lead time for mine was 14 months
    – Put money down, and pay the rest off over the next year, interest free

    This assumes, of course, you have a good relationship with your local gun shop. This is standard practice at mine, and I’m guessing most people buying Wilsons have spent a dollar or two at the shop in the past.

    • Nicks87

      That’s a really good idea, the local shop where I’m from is willing to do that as well on some items. When I bought my Glock 30S I put $200 down on it. Then made a payment on payday every other week until it arrived. I could’ve paid for it all at once but it was nice being able to break up the cost over a period of time.

  • gb7

    Easier to make deposits than payments. I’m not required to make a deposit every month.

  • YS

    12% interest? I’ve seen credit cards with lower rate.

    Instead of going through the bank, why not just charge to a cheap CC and pay it off that way? At least you’ll get the points or mileage with a CC.

    Personally, if I can’t pay “cash” for it, I don’t buy it.

  • Josh Baker

    So what happens when people don’t pay, is there a Wilson Combat repo man?

    • nadnerbus

      Smells a comeback…

    • Nick

      Probably an unsecured loan, like a credit card, hence the high interest rate.

  • AJ187

    Well, I don’t like Wilson, so I’ll stick to my cheap RIA’s. They go bang everytime.

  • greasyjohn

    I’ve long wondered why financing isn’t more prevalent in this industry.

  • Sigkim

    Firearms financing>>Coffee can.
    Save your money, buy the gun. If an emergency pops up you have cash on hand.

    Then again Wilson is responding to a demand other entities have fulfilled for their products so why not firearms? Just be wise folks:)

  • Wilson Combat realized that there’s money to be made in helping high time-preference people find loans with high interest-rates. Good for them.

  • Mystick

    Don’t be proud of overpricing your products to such a point where financing is needed.

  • Bal256

    Best investment you can make on a pistol is to take the amount of money you would have spent on the tactical-combat-duty-operator sights, trigger and spring set, and spend it on ammo for training.

  • RICH

    WEELLLL….. MAYBE, JUST MAYBE WILSON SHOULD LOOK AT THEIR PRICING AND CUT IT BACK TO WHERE WORKING PEOPLE CAN AFFORD TO BUY THEIR PRODUCT ! ! THEIR PRICES ARE REDICULOUS AND THE AVERAGE PERSON JUST CAN’T AFFORD THEM. WILL THEY PRICE THEMSELVES OUT OF BUSINESS… MORE THAN LIKELY !
    WAKE UP WILSON….. DEAL WITH THE MIDDLE CLASS AND DON’T PUT YOUR PRODUCTS ON SUCH A HIGH PEDESTAL THAT WORKING CLASS AMERICANS CAN’T AFFORD THEM…… I HOPE YOUR ‘EXPORT’ BUSINESS IS BOOMING ! !

  • biggielevels

    regardless of the interest rate and the argument of having to finance a lead thrower – the point IS: There is a Bank willing to finance lead throwers! This will open doors for other banks to do the same. Hello!?!?!?

    If you pay cash for one – good for you.
    If you use your credit card – good for you.
    If WC is too expensive for your taste – go buy something else.

    There is no need for bashin of WIlson or the Bank.
    I say, congrats to Wilson Combat and the Bank for being hopefully a new trend in the firearms industry. BRAVO!