Our
construction loans can finance the "ground
up" construction of timeshare and fractional
interest resorts - everything from bricks and
steel to furniture, fixtures and equipment.
Our
renovation loans can refurbish an existing
timeshare or fractional resort property, or
convert and upgrade an existing hotel property
into a timeshare resort.
General
Financing Terms:
Cash-in
equity requirement of 25% of budgeted costs
Retirement
of debt by an 80% sell-out of unsold inventory
