Colebrook sells participations, which allow a financial institution without expertise in the timeshare industry to generate profitable, high quality loan outstandings without the need to add costly infrastructure. Colebrook leverages its experience and contacts to originate, structure and manage quality loans for its participating financial institutions.

Over the past 25 years, Colebrook’s personnel have developed relationships with many of the leading timeshare developers in the country. In addition, their industry expertise enables them to gain the confidence of new prospects. Bankers without industry contacts or experience would have difficulty generating new timeshare loans.

During their tenure in banking, the principals of Colebrook sold hundreds of millions of dollars of timeshare participation loans without any participant losing a single dollar. Bill Ryczek was the Chief Lending Officer for one of the largest banks in Connecticut, with responsibility for a $1.3 billion portfolio. The company provides its participants with complete due diligence and documentation packages, and manages the loan relationship with its participants’ needs in mind. This has enabled lenders without previous timeshare experience to lend profitably to the industry.

From their long careers in banking, Colebrook’s principals understand the regulatory environment faced by bankers, and have the ability to provide information that enables the institution to effectively monitor a relationship while also satisfying the needs of its regulators. Bill Ryczek and Jim Bishop began their timeshare careers as auditors and administrators, and have an appreciation of the detail as well as the broad concepts required of timeshare lenders.

The structure and documentation of timeshare loans is a specialized field, and very different from the documentation of traditional commercial transactions. Colebrook’s principals have had many years of experience in structuring loans, and their affiliated counsel has been documenting timeshare transactions since the mid-1980s.

Colebrook purchases performing and non-performing portfolios, both at mature, stable resorts and at resorts which may be problematic.