Timeshare development/vacation ownership specialty lender Colebrook Financial Company’s Bill Ryczek announced Colebrook Financial is now offering receivable financing for companies selling the Save On Resorts (SOR) travel club product. “We’ve been following SOR’s product for several years,” Ryczek said. “Many of our timeshare developers sell it as an exit product. They’ve had excellent success and no issues with fulfillment.”
Ryczek says that financing terms are very competitive for sellers who have historically had a solid track record and the ability to generate quality receivables. Interested parties should call Bill Ryczek at 860-344-99396 or contact him by email at bryczek@colebrookfinancial.com.
Jeff Zotara, Chief Marketing Officer of Save On Travel, says, “We think our resort partners will be able to increase sales of their exit programs by being able to offer buyers financing with attractive terms. SOR is very careful to only work with reliable, well-established resorts with good reputations for fulfillment and excellent service. Our club members are therefore consistent in making their payments and using the product.”
About Colebrook Financial Company
Colebrook Financial Company is a lender specializing in the timeshare/shared ownership industry, providing hypothecation and other financing products for small and mid-sized developers in the US, Mexico and the Caribbean. Colebrook is large enough to provide financing in the $20-30 million range but small enough to deliver a unique brand of personal service. For further information call Bill Ryczek at 860-344-9396 or visit ColebrookFinancial.com.
About Save On Resorts
SaveOnResorts.com works with private vacation clubs, corporations, and top resorts to ensure their members enjoy travel options that fit their lifestyle, expectation, and budget. We provide innovative premiums and supportive online user experiences to make choices easier and incentivize return use. We do this by partnering with suppliers and vendors in the travel industry, as well as vacation ownership groups, to develop attractive travel options available through a customized online experience. Your members will benefit from exclusive wholesale travel pricing on products such as hotels, resorts, cruises, cars, activities, and more. Desirable destinations combined with a variety of rewards programs will inspire member retention and engagement. For more information, contact Jeff Zotara, Mobile: 760.855.8858; jzotara@sortechnology.com.
Media Contact:
Sharon Scott, RRP
SharonINK PR & Marketing for Colebrook Financial Company
310-923-1269; Sharon@SharonINK.com
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