Wellington Financial & Liberty Bank: Take a look at some of our recent work
Wellington Financial & Liberty Bank Over three decades of consistent lending to the timeshare industry. Click here to take a look at some of our recent work.
Celebrating 40 Years Lending to Vacation Ownership!
About Liberty Bank Liberty Bank (www.Liberty-Bank.com) has been actively lending to the timeshare industry throughout the U.S. for over 36 consecutive years. The bank’s commitment to superior service has resulted in lending relationships with some of the industry’s largest and most successful developers. Established in 1825, Liberty Bank is one of the oldest and largest... Read More →
Liberty Bank Leads Through COVID-19 Pandemic, Funds $400MM in 2020
Charlottesville, VA & Middletown, CT – March 2021: Wellington Financial, the exclusive Resort Finance correspondent for Liberty Bank, announced another strong year of lending to the vacation ownership industry. Since 1986, Liberty Bank has unwaveringly financed the timeshare industry through economic ups and downs. The COVID-19 pandemic, and resulting travel restrictions and shut-downs, greatly affected the... Read More →
Brydge publishes article about historic expansion of the U.S. economy.
Charlottesville, VA; February 2020 – Shawn N. Brydge, executive vice president, was recent published an article in Perspective Magazine about the historic expansion of the U.S. economy and risk factors that may slow it down. Click here or on the picture below to read the article. Perspective Magazine is the leading independent trade publication for... Read More →
Shawn N. Brydge, executive vice president, pens article for Developments
Charlottesville, VA; October 2019 – Shawn N. Brydge, executive vice president, recently composed an article for Developments magazine about the current state of the U.S. economy. Click here or on the picture below to read the article. Developments magazine is the “voice of the timeshare industry” with ARDA, based in Washington, D.C. The association, founded in... Read More →
Liberty Bank Commits $20MM to Travel Resorts of America
Charlottesville, VA & Middletown, CT – February 2019: Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced a recent $20MM Receivables Hypothecation Loan from the Bank to Travel Resorts of America. The loan is designed to support forward sales of memberships at their premier RV resorts. “The timing to arrange receivables financing for... Read More →
Shawn N. Brydge, executive vice president, composes article for Developments
Charlottesville, VA; October 2018 – Shawn N. Brydge, executive vice president, recently composed an article for Developments magazine about the current state of the U.S. economy. Click here or on the picture below to read the article. Developments magazine is the “voice of the timeshare industry” with ARDA, based in Washington, D.C. The association, founded in 1969,... Read More →
Liberty Bank increases commitment to $30MM as Plantation Resort signs new partnership deal
Charlottesville, VA & Middletown, CT – October 2018: Wellington Financial, the exclusive resort finance lending correspondent for Liberty Bank, announced the Bank increased their receivables loan with Plantation Resort in Surfside Beach, S.C. to $30 million. Plantation Resort is operated by Blaine Liljenquist, who has been involved with the resort industry in Myrtle Beach for more... Read More →
Liberty Bank and Breckenridge Grand Vacations Close $20MM Inventory Loan and $30MM Receivables Loan
Charlottesville, VA & Middletown, CT – June 2018: Wellington Financial, the exclusive resort finance lending correspondent for Liberty Bank, announced the Bank closed a $20MM inventory loan to Colorado-based timeshare developers Breckenridge Grand Vacations. Liberty also renewed and increased their existing receivables hypothecation line of credit to Peak 8 for $30MM. “We’ve enjoyed an excellent relationship... Read More →