Back To News/PR Index | | Liberty Bank Expands Lending Commitment to Silver Lake Resort | Wellington Financial says Liberty Bank’s relationship to Orlando-based timeshare resort developer included renewing a receivables loan for $40M and providing a construction loan for $6M. | “It is very satisfying to partner with Liberty Bank and Wellington Financial as they support Silver Lake Resort’s substantial growth,” says Silver Lake Resort’s CEO, Deborah Moore. “Our relationship has contributed to the overall success of our resort and we look forward to an even brighter future.” “Since 2009, we have been pleased to provide financing to Silver Lake Resort and are delighted to now be able to support the further expansion of the resort with a construction loan,” observes Liberty Bank Vice President, Relationship Manager David Brede. Wellington
Financial’s Senior VP Shawn Brydge says, “Silver Lake employs a robust
management team, each with significant tenure with the company. Their consistency
and passion to provide a quality product and wonderful customer experience
is evident in the way they run their operation, and that carries over to
our lending relationship.”
About Silver Lake Resort Silver Lake Resort (SilverLakeResort.com) has been awarded the prestigious GOLD CROWN RESORT designation from Resort Condominiums International (RCI). Located within two miles of the main entrance to Walt Disney Resorts, the resort consists of 292 designer-furnished vacation villas, with a mix of one-, two-, and three-bedroom floor plans and the potential for 630 villas and nearly 42,000 owner families upon completion of construction. About
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