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Liberty
Bank Announces Jay Gordon
has
Returned to Resort Finance Division
|
Charlottesville,
VA & Middletown, CT – January 2016 / Newsmaker Alert / Wellington
Financial, the exclusive Resort Finance lending correspondent for Liberty
Bank, announced that Jason “Jay” Gordon has returned to Liberty’s Resort
Finance division as a vice president and senior resort finance officer.
Gordon worked for the Bank from 1997 to 2007, primarily in the Resort Finance
division.
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“I
missed the daily interaction with developers and resort staff,” says Gordon.
“During my past tenure at Liberty, I always respected the Bank’s cadre
of exceptional clients, my co-workers and our ‘can-do’ business philosophy.
The team at Liberty is devoted to the industry. Resort Finance is one of
our core products, beginning over 35 years ago. We’ve never slowed since,
even during the downturn.”
“We
are pleased to have Jay return to the fold,” says Sr. VP Don Peruta. “He’ll
be teamed with David Brede, Vice President, to manage and grow existing
relationships, plus help identify and engage with new clients. Liberty
is extremely interested in growing our timeshare loan portfolio and can
offer very competitive terms for every type of loan from construction to
receivables. Jay and David have a lot of resources with which to work.”
Gordon
describes Liberty as being heavily invested in the vacation ownership industry.
“We were financing timeshare developers before I joined the first time
and I’m sure we’ll be committed to it long after we are all gone,” adds
Gordon. “Timeshare is a very important part of Liberty Bank’s structure,”
says Wellington Financial President Ron Goldberg. “The Board understands
and appreciates the industry and respects its developer clients. It all
makes for a very positive and forward-thinking atmosphere.”
About
Liberty Bank
Established
in 1825, Liberty Bank (Liberty-Bank.com),
based in Middletown, Connecticut, is the state’s oldest bank, with more
than $4.5 billion in assets. Liberty Bank has been actively lending to
the timeshare industry throughout the U.S. for over 35 consecutive years.
The bank’s commitment to superior service has resulted in lending relationships
with some of the industry’s largest and most successful developers. Member
FDIC. Equal Housing Lender.
About
Wellington Financial
Wellington
Financial (Wellington-Financial.com)
is the exclusive Resort Finance lending correspondent for Liberty Bank
and specializes in lending to developers of timeshare resorts, fractional
resorts and retail land. Founded in 1981, the finance and service company
offers a full range of products, including receivables hypothecation, purchase
and conduit facilities; pre-sale and working capital lines of credit; acquisition,
construction and renovation financing, as well as mezzanine and equity
debt financing. President Ron Goldberg serves on the Board of Directors
for the American Resort Development Association (ARDA).
Media Contact:
Sharon
Scott
for Wellington
Financial & Liberty Bank
SharonINK
PR & Marketing
310-923-1269 |