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FantaSea
Resorts Renews with Equiant for Loan Servicing
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Multi-year
Agreement Extends Long Term Partnership
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Scottsdale,
AZ – July 2015 / Newsmaker Alert / Equiant,
a Scottsdale, Ariz.-based loan servicing provider specializing in shared
ownership, has renewed a multi-year agreement to provide loan servicing
to FantaSea Resorts, an Atlantic City, N.J.-based developer and operator
of three elite-level timeshare properties.
“We
look forward to continuing our long-lasting partnership with FantaSea Resorts’
management and collection teams, and providing their 36,000 owners with
outstanding service and data security,” said Peter Moody, Equiant’s vice
president of business development. “FantaSea’s mission of delivering a
high level of personal service to each of their owners is in line with
Equiant’s goal of providing servicing solutions that create value and exceed
all client expectations.”
“Renewing
Equiant as our loan servicer allows us to focus on our core mission of
growing our brand while serving our owners by creating vacation memories
for a lifetime,” said Bruce Kaye, CEO and president of FantaSea. “Equiant’s
technology platform allows us the tools to track portfolio performance
through BITS reporting as well as the security and compliance we expect,
so we know our data is protected. We also have a great working relationship
with their team.”
FantaSea
Resorts is considered the premier independent provider of vacation
ownership products and services in the Northeast United States. FantaSea’s
three elite-level properties include Flagship and Atlantic Palace Resorts
in Atlantic City and La Sammana Resort in Brigantine, N.J. In addition
to FantaSea’s unique properties, their owners can also vacation throughout
the world through global exchange partners RCI and Interval International.
Equiant
is one of the leading timeshare servicers in the United States with a serviced
portfolio that exceeds $1 billion and includes more than 110,000 individual
consumer loans. Over the past 28 years, Equiant has serviced more than
1.5 million loans and 1.25 million maintenance fee accounts. Its array
of products includes receivables and maintenance fee servicing, invoicing
and payment processing, point of sale merchant processing, delinquency
control, on-site transitional staffing, document custody, trustee services,
and analytic reporting. To learn more about Equiant’s industry-leading
security and receivables servicing, call Moody at 480-636-4888 or visit
www.Equiant.com.
For
more information, contact:
Peter
Moody
VP
of Business Development
480-636-4888
or
Judy
Kenninger
317-858-8744
Kenninger
Communications |