colebrook financial
Colebrook Financial Provides $10 Million Fixed Rate Receivables Loan to Global Exchange Development Corporation
Colebrook Financial Company | February 7, 2023
Middletown, CT (February 7, 2022) –Colebrook Financial Company, a leading lender to the timeshare and travel club industries, announced that it has provided an additional $10 million in financing to Global Exchange Development Corporation (GEDC). GEDC is the development company that builds or acquires the inventory for Global Exchange Vacation Club (GEVC), finances the purchases of the timeshare memberships, is the company responsible for selling GEVC’s memberships and in doing so hypothecates the consumer notes created by the sales. Colebrook and Global Exchange have had a relationship since 2009. GEVC is one of the most versatile...
Colebrook Financial Finances Vacatia’s Acquisition of Liberte Management, LLC
Colebrrok Financial Company | August 31, 2022
Middletown, CT (August 31, 2022) –Colebrook Financial Company, a leading lender to the timeshare and travel club industries has provided financing to Vacatia Inc., a leading provider of innovative, customer-centric solutions for timeshare resorts, to acquire Liberté Management Company. Liberté Management Group, a Vacatia Company, manages six Florida properties located on St. Pete Beach, Redington Shores, Madeira Beach, Treasure Island and Belleair Beach. Vacatia is an innovative hospitality company offering resort residence rentals and timeshare resales. The Mill Valley, California--based company also partners with timeshare home...
Colebrook Financial Announces Receivable Loan to Latitude Vacation Club
Colebrook Financial Company | May 20, 2021
Caribbean Resort Offers Latitude Vacation Club+ Featuring Ancora Cap Cana Marina Resort and Villas in the Dominican Republic Middletown, CT (May 20, 2021) –Latitude Vacation Club has entered into an agreement with Colebrook Financial Company, a leading lender to the timeshare and travel club industries to provide a receivable loan. Latitude Vacation Club’s home resort, Ancora Cap Cana Marina Resort & Villas is inside Cap Cana, a gated community of 33,000 acres—twice the size of Manhattan-- located 10 minutes from Punta Cana’s International Airport. This is a first-time development for Cecil Latta, well known for his sales an...
