Colebrook Financial
Colebrook Financial Company, a leading lender to the timeshare and travel club industries, will hold a Lender Education Seminar on May 23 at the Inn at Middletown, CT.
Bill Ryczek, Partner, Colebrook Financial said, “We’ve held these invitation only events in the past; this is the first one since the pandemic. Our goal is to educate our banking partners about the state of the timeshare industry and the new developments in the structuring of vacation products.”
Colebrook, which is celebrating 20 years of operation, enjoys a reputation as a pioneer in financing alternative vacation ownership and club products.
Two guest speakers representing a Colebrook client, Club Boardwalk Resorts (formerly Flagship Resort) (Atlantic City, NJ), will present a case study of their successful operations and how they work with Colebrook. Kevin Jones and Rosanne Passarella, Esq., co-presidents of Club Boardwalk will share their experiences and results with the group of registered attendees.
Related: Colebrook Financial Provides Funding for Disney Vacation Club Resales
Other subjects to be covered during the morning event will be Timeshare Re-purposing Loans and Colebrook Cash Management.
“Not too many folks are aware of the situation surrounding loans to Re-purposing situations. We understand the unique requirements of this type of transaction,,” said Colebrook principal Mark Raunikar, who will deliver the presentation.
The seminar is closed for registration. Colebrook will be providing a link to the content in upcoming newsletters and social media.
Colebrook Financial Company, based in Middletown, Connecticut, specializes in providing financing for the timeshare industry, and can offer a variety of facilities in amounts ranging from $100,000 to $30 million or more. We have an innovative approach to financing and pride ourselves on rapid turnaround and personal service. Colebrook has no committees, and our most important policy is common sense. You’ll get straight answers, and you can always talk to a principal. For a complete list of product offerings and information on Colebrook and its principals, visit www.colebrookfinancial.com
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