Why Developers Use Colebrook

Relationships

During their long tenure in the timeshare industry, the principals of Colebrook have established a number of relationships with companies and individuals in many areas of the business. We often introduce our customers to others in the industry who might be of assistance to them. We also have relationships with financial institutions that have not previously been timeshare lenders. These institutions have brought new capital to the industry and provide a fresh alternative to standard sources.


Flexibility and Creativity

Unlike brokers, we use our own funds and can structure transactions uniquely suited to individual situations. The principals of Colebrook have been lending to the timeshare industry since 1979. Our understanding of the nuances of the business is of immeasurable aid in developing loan structures that suit customer needs.


Continuity

Colebrook can take a developer from startup through maturity. We bring in other institutions to participate in large transactions, but retain the servicing of the loan relationship. There’s no need to change lenders when your needs change.


Transaction Fees

For loans of less than $10 million, the transaction costs, particularly legal fees, involved in closing a loan can take far too much of the proceeds. Colebrook has affiliated counsel and typically incurs much lower legal fees than large institutions. We offer small facilities for the ongoing purchase of receivables on a weekly or monthly basis that can be closed at minimal cost.