Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank has closed an increase in their lending commitment for Welk Resorts to $35 million.

Wellington Financial says Liberty Bank’s relationship to Orlando-based timeshare resort developer included refinancing $30 million in aged receivables from another lender.

Liberty’s Resort Finance lending correspondent, Wellington Financial, says the bank closed timeshare loans in February for Grand Timber Lodge and Grand Lodge at Peak 7 projects.

Wellington Financial Reveals Details About Liberty Bank’s Loan to Vermont Timeshare Resort Developer

Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, is pleased to announce the bank has closed a $10 million receivables hypothecation facility with Smugglers’ Notch (www.smuggs.com) in Vermont.

Wellington Financial reports $10 million deal between Liberty Bank and Welk Resort Group Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, is pleased to announce the bank has closed a deal for $10 million with timeshare development company Welk Resort Group. “We are delighted to add an excellent company such as Welk [...]

Wellington Financial, the exclusive resort finance lending correspondent for Liberty Bank, recently announced they had arranged a $75 million timeshare receivables hypothecation facility for Bluegreen Corporation (NYSE:BXG), a leading provider of Colorful Places to Live and Play®.  The facility is led by Liberty Bank and the transaction was announced on August 28, 2008. “We appreciate [...]

Wellington Financial, as the exclusive timeshare lending correspondent for Middletown, Connecticut-based lender, Liberty Bank, recently closed a deal to provide $37.5 million in receivables financing for Dallas-based Silverleaf Resorts. “Working with the knowledgeable team at Wellington Financial and Liberty Bank made for a relatively smooth process,” says Silverleaf Senior VP Thomas J. Morris. “Their familiarity [...]

Liberty Bank and their exclusive timeshare lending correspondent Wellington Financial recently announced closing a deal in which Liberty Bank will be providing $25 million in receivables financing for SVC-Napa’s Vino Bello project, Shell Vacations Club’s Napa Valley location.