Liberty Bank Renews $20 Million Loan to King’s Creek Plantation

May 4, 2017 — Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank recently renewed its $20 Million loan commitment for King’s Creek Plantation resort. “Liberty and Wellington have been excellent business partners since 2013,” said King’s Creek Plantation Executive VP/COO/CFO Joe Cantrell. “We’ll be using the funds to help…

Timeshare Lender Colebrook Increases Line For King’s Creek Plantation

Colebrook Financial Company increases an existing facility from $10mm to $13mm for receivables financing Colebrook Financial Company, a lending institution specializing strictly in the timeshare industry, announced they had increased their line of credit for the Williamsburg, Virginia, timeshare developer King’s Creek Plantation from $10 to $13 million, including a second fixed-rate tranche. “We’ve worked…