ORLANDO, FL (April 7, 2016) — Vacation Club Loans, headquartered in Orlando, is a consumer financing company exclusively designed around timeshare and vacation clubs resales, secured financing from industry lender Colebrook Financial Company. The funds are expected to have a positive impact on the resale market nationwide.
Bill Ryczek, Colebrook Financial states “We’re pleased to provide the financial backing for Vacation Club Loans. We’ve always believed that the resale market represents a nearly untapped market for financing and that the addition of customer friendly financing will provide a boost to the resale industry. We’ve known Bert Blicher and Debbie Ely for many years and are very excited about working with them on this unique new initiative.”
Vacation Club Loans was founded by long time industry veteran and lending expert Bert Blicher along with his colleague, Debbie Ely, after years of managing resales in the secondary market.
Debbie Ely, RRP, President of Vacation Club Loans says: “The timeshare industry’s resale market is under-valued. By providing easy financing to secondary market buyers we can increase the value of timeshares purchased this way. We’re extremely lucky to have Colebrook Financial here to support us. Bill, Bert, and I have been working on the concept of resale financing for years but finally have found the solutions really needed to help. Our business objective has three goals working congruently: help potential buyers by providing additional cash, help licensed resale brokers by increasing sales, and help developers by increasing the average resale prices which will ultimately add more value to their own sales. We plan on achieving these goals by making more cash readily available to buyers with easy pay back terms of up to five years at attractive interest rates. Of course, creditworthiness will always be important when it comes to financing loans and we are no exception; however we have worked diligently to preapprove 30 brands and provide financing to all qualified US buyers. Now licensed timeshare resale brokers can have immediate payment estimators and calculators at their fingertips to show potential buyers how affordable timeshares are. We understand the complexities and needs of the industry because we have worked in resales for years, making us a valuable partner.”
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.
About Vacation Club Loans
Vacation Club Loans is a consumer finance company that provides personal loans to those who wish to purchase a timeshare product on the resale market. Its easy loan approval process, low interest rates, and flexible payment plans have made Vacation Club Loans a pioneer lender in timeshare resales. For further information, please visit www.vacationclubloans.com
PRESS RELEASE SOURCE: Vacation Club Loans