Liberty Bank and the Kissimmee-based developer renewed a $30MM receivables loan and refinanced a $4.5MM inventory loan. Charlottesville, VA & Middletown, CT – November 2017 / Newsmaker Alert / Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank has closed another renewal as part of their long-term relationship.  Silver Lake Resort, a timeshare... Read More →

Charlottesville, VA & Middletown, CT – October 2017 / Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank recently renewed their lending commitment to the Vermont-based timeshare resort, Smugglers’ Notch. The $22.5 million loan is for receivables financing and includes a two-year extension. “Liberty Bank and Smugglers’ Notch began a... Read More →

Executive Vice President Shawn N. Brydge penned an article about financing resort development in Developments Magazine.  View the article here: Developments-July 2017 – Brydge Article To see the entire July issue of Developments, click here.

Charlottesville, VA & Middletown, CT – April 2017: Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank recently renewed its $20 Million loan commitment for King’s Creek Plantation resort. “Liberty and Wellington have been excellent business partners since 2013,” said King’s Creek Plantation Executive VP/COO/CFO Joe Cantrell. “We’ll be using the... Read More →

Liberty Bank renews loan with Calypso Cay Wellington Financial says Liberty Bank’s $13.5MM loan will finance timeshare receivables. Charlottesville, VA & Middletown, CT; February 2017 – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank recently completed a loan of $13.5 million to Timescape Resorts, LLC, developer of Calypso Cay... Read More →

Wellington Financial and Liberty Bank recently announced the 20th anniversary of their partnership financing the vacation ownership industry.  

Wellington Financial says Liberty Bank committed $31.5MM to PHI Redevelopment, LLC, for further development of the timeshare property in Williamsburg, VA. Charlottesville, VA & Middletown, CT; October 2016—Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank has committed to provide a $7.5MM construction loan and a $24MM receivables hypothecation loan... Read More →

Wellington Financial announces Liberty Bank’s loan renewal to Silver Lake Resort  The Orlando-based timeshare resort developer is using $40mm for receivables financing and $6mm for development. Charlottesville, VA & Middletown, CT;  August 2016 – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank has renewed a long-term lending relationship with... Read More →

Liberty Bank announces $66MM in loan commitments to I-Drive Resorts Charlottesville, VA & Middletown, CT – August 2016 / Newsmaker Alert / Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank closed a $26.6MM acquisition loan to I-Drive Resorts, a company related to Accelerated Assets, LLC, based in Birmingham, Michigan. Liberty Bank is... Read More →

Resort Finance lending correspondent, Wellington Financial, accounces Liberty Bank’s renewal of a $50MM receivables loan with Bluegreen Vacations Charlottesville, VA & Middletown, CT; (March  2016) — Wellington Financial, the exclusive resort finance lending correspondent for Liberty Bank, announced the bank has recently renewed a financing agreement with Bluegreen Vacations (“Bluegreen”). Bluegreen is a major vacation... Read More →