Back To News/PR Index | | Colebrook Financial Company Provides Fixed Rate $7.5mm Loan to Festiva Resorts | “We
very much appreciate working with Colebrook to lock in our margins to refinance
a portfolio that was associated with our earlier acquisition of the Kosmas
Group International properties,” says Festiva’s President Herbert (Butch)
Patrick. “Colebrook has been a solid company with which to work since 2003
when they lent us our first million.”
(L-R) Festiva President Herbert “Butch” Patrick and Bill Ryczek, Colebrook Financial Company “We’re pleased to continue to expand our lending to Festiva,” said Colebrook’s Bill Ryczek. “We’ve worked with the management team there for well over a decade, and it’s a good, comfortable relationship. One of the things I’ve always enjoyed about lending is watching customers grow and evolve, and it’s been great having a front row seat as Butch Patrick and his staff have gone from a two-man show and a marketing company to a dynamic multi-division company.” About
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