
Back
To News/PR Index
|
|
|
Middletown,
CT – July 2021 / Newsmaker Alert / Colebrook
Financial Company, a leading lender to the timeshare and travel club
industries, has provided a $5 Million line of credit for travel club receivables
to StaySaver Vacations.
StaySaver offers members affordable and flexible travel through an online
booking experience for everything from condo vacations to cruises.
|
Tom
Petrisko, Principal of Colebrook Financial said, “We’ve known some of the
StaySaver principals for many years. They’ve assembled a formidable team,
are growing quickly and we look forward to a long, rewarding relationship.”
Colebrook
is a pioneer in many forms of financing and began working with club products
before most lenders. Few competitors can match their longevity in the industry.
They enjoy a reputation for adapting to new situations more quickly than
larger institutions.
Headquartered
in Las Vegas, StaySaver has a reputation for delivering outstanding vacations
through its powerful online reservation portal. The Travel Club also has
sales offices in Miami and Virginia Beach. In business for just over a
year, the company has a team of seasoned travel professionals at the helm,
including Larry Biondi, Kevin Sheehan, Jose Hernandez, and Anthony Polvino.
Larry
Biondi of StaySaver said, “Colebrook Financial has been way ahead of the
curve when it comes to financing travel clubs. The present climate is excellent
for consumers who want travel flexibility at a reasonable price point.
We are pleased that Colebrook is forward thinking and supports our business
model.”
About
Colebrook Financial Company
Colebrook
Financial Company, based in Middletown, Connecticut, specializes in
providing financing for the timeshare industry, and can offer a variety
of facilities in amounts ranging from $100,000 to $30 million or more.
We have an innovative approach to financing and pride ourselves on rapid
turnaround and personal service. Colebrook has no committees, and our most
important policy is common sense. You’ll get straight answers, and you
can always talk to a principal. For a complete list of product offerings
and information on Colebrook and its principals, visit ColebrookFinancial.com.
Contact:
Bill
Ryczek
860-344-9396
Media:
Georgi
Bohrod, RRP
760-803-4522 |