![]() Back To News/PR Index | ![]() | ![]() | The InnSeason Resorts brand has supported the local New England economy for more than 20 years, playing its part in the billion-dollar tourism industry. Working capital provided by Colebrook makes its way back into the local economy by enabling InnSeason to generate new member sales and employment opportunities, while visitors to its resorts patronize the local restaurants and area attractions. According to ARDA statistics, timeshare resorts in the US generated $3 billion in rental income in 2023 and directly added about $35.7 billion to the US economy. “We are excited that InnSeason Resorts continues to grow, with new owners/members, which necessitates the need for an increase in our hypothecation line. We feel fortunate to have a great partner within Colebrook Financial who has helped us to facilitate an increase in our loan. Mark, Bill and Melinda are great to work with and try to make the loan process as easy, seamless and expedient as possible,” shared Cathrine Leyden, Chief Operating Officer with InnSeason Resorts. Mark Raunikar, Partner at Colebrook Financial stated, “With both of our companies based here in New England, we have known Dennis and Billy for many years. They each bring complementary skills of development, management and sales to their partnership that contribute to the success of their ventures over many decades. They have a strong management team led by Chief Operating Officer Cathy Leyden, and we have thoroughly enjoyed our relationship with InnSeason since closing our first transaction with them in 2021. InnSeason Resorts is an important customer, and we hope to continue earning their business by providing excellent service and attention to detail.” About
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Previous Release: Colebrook Financial Funds $5.8 Million Repurposing Project for Church Street Inn (04/10/25) |