Access to Financing Remains Top Challenge For Timeshare Industry, Third Annual Capital One Bank Survey Reveals

Survey finds increased emphasis on working capital and affordable developments Access to financing was cited by 41 percent of industry professionals at the American Resort Development Association (ARDA) World 2014 conference as the top challenge in the timeshare industry this year, according to the third annual Vacation Ownership Survey by…

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Capital One Provides $35 Million Revolving Senior Warehouse Facility to Westgate Resorts, Ltd.

Capital One Bank today announced it closed a $35 million Revolving Senior Warehouse Facility for Westgate Resorts, Ltd. (Westgate), one of the largest privately-owned timeshare companies in the United States. The four-year facility will be used to finance notes receivable arising from the sale of vacation ownership intervals at Westgate’s resort properties.

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