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Colebrook Financial Company
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Colebrook Provides Fixed Rate Loan to
Global for Points-Based Club Timeshare Receivables
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Middletown, CT – May 2015 / Newsmaker Alert / Colebrook Financial Company, a lender specializing in the timeshare or vacation ownership industry, announced they recently closed a loan with Global Exchange Development Corporation (GEDC) in which they converted a portion of Global’s variable rate loan to a fixed rate.

“The partners at Colebrook take the time to truly look at our business model and are willing to go that extra mile,” says GEDC President Rick Sargent. “They are attentive to our needs and together, we are able to make money while putting people on vacation.”

“Developers like Rick are concerned about the possibility of rising interest rates,” said Colebrook’s Bill Ryczek, “and we move a portion of his loan to a fixed rate on a regular basis. Rick has a lot of exciting new marketing initiatives and we look forward to growing with him over the next several years.”

About Colebrook Financial Company 
Colebrook Financial Company is a lender specializing in the timeshare/shared ownership industry, providing hypothecation and other financing products for developers in the US, Mexico and the Caribbean. Colebrook is large enough to provide financing in the $20-30 million range but small enough to deliver a unique brand of personal service. For further information call Bill Ryczek at 860-344-9396. www.ColebrookFinancial.com

About Global Exchange Development Corporation (GEDC)
A leader in the timeshare club industry, GEDC has developed Global Exchange Vacation Club (GEVC), which is powered by RCI points and offers a variety of flexible getaway opportunities for timeshare club members. The company provides members with a lifetime of memorable vacation experiences and enhances the quality of their lives through the flexibility of its customized points based vacation ownership system. Their commitment to the highest standards of quality and service is what has made GEDC a leader in the global timeshare club industry.

Media Contact:
Sharon Scott, RRP
SharonINK PR & Marketing
for Colebrook Financial Company
310-923-1269

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Placement Dates: 05/19/15 – 07/19/15
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