Wellington Financial says Liberty Bank’s relationship to Orlando-based timeshare resort developer included renewing a receivables loan for $40mm and providing a construction loan for $6mm. Charlottesville, VA & Middletown, CT;  April 2014 – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank has renewed a $40 million loan for Silver... Read More →

Wellington says Liberty Bank closed extension of lending relationship with timeshare resort King’s Creek Plantation Charlottesville, VA and Middletown, CT; September 2014 — Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank recently closed an extension of its lending relationship  with King’s Creek Plantation, in Williamsburg, Virginia. “This is an... Read More →

Wellington Financial says Liberty Bank’s $20 million loan provided to finance timeshare receivables. Charlottesville, VA & Middletown, CT; May 2013 – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank recently completed a loan of $20 million to Timescape Resorts, LLC, developer of Calypso Cay Vacation Villas Timeshare Resort,. “This... Read More →

Liberty Bank closes $65 million loan financing Westgate Resorts Charlottesville, VA & Middletown, CT; June 2013 – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced that the bank has recently closed a $65 million revolving receivables line of credit to Westgate Resorts. Liberty Bank has been actively lending to the timeshare industry... Read More →

Wellington Financial says Liberty Bank’s Loan to Vermont Timeshare Resort Developer is for end-loan financing for Wyndham Vacation Ownership sales. Charlottesville, Virginia (June 9, 2011) – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank recently expanded its existing $10 million receivables loan to $30 million with Smugglers’ Notch in Vermont. As part of... Read More →

Liberty Bank in Middletown, CT, appoints head of resort finance division, announces promotions. Middletown, CT, March 7, 2012 – Liberty Bank recently announced the promotions of Don Peruta to Senior Vice President and Manager, Resort Finance Division, and Sebastian Gromowski to Assistant Vice President in the division. Peruta, who has been with the bank since 1996, has served in... Read More →