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Travelers Acceptance Corporation appoints Robert Dugger to Managing Director, Vacation Ownership Finance
Burnaby, BC, July 16, 2009 Travelers Acceptance Corporation announces the appointment of Robert Dugger to lead its Vacation Ownership finance business as "Managing Director, Vacation Ownership Finance".
Prior to joining Travelers Acceptance, Robert held the position of Vice President - Relationship Manager with the Resort Finance Division at Textron Financial Corporation where he was responsible for new business development in North America with primary responsibility for vacation ownership financing in Canada. Prior to Textron Financial, he held positions as a commercial loan manager and credit manager in the banking and commercial finance business.
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Travelers Acceptance Corporation appoints Pierre Genest to Managing Director, Power Product Finance
Burnaby, BC, June 3, 2009 Travelers Acceptance Corporation announces the appointment of Pierre Genest to lead its Power Products / Power Sports finance business as "Managing Director, Power Products Finance". Most recently
Pierre was Managing Director of Vacation Ownership Finance at Travelers Acceptance Corporation.
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Canadian Denominated Private Bulk Loan Financing Program
Our Private Bulk Loan Financing program provides a simple and efficient approach for funding asset-backed loan portfolios such as Consumer Term Note Receivables.
Similar to Securitization, but without a formal trust, Private Bulk Loan Financing is a limited recourse financing structure available to Resort Developers or their Finance Company subsidiaries that allow them to borrow against the future cash flow of their funded loan portfolio. The facility is secured by the funded portfolio, which usually includes the loan agreements, underlying loan assets, and the derived cash flow stream.
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Canadian Denominated Portfolio Servicing and/or Collection
If you are in need of a business process outsourcing partner or a back-up servicer who can provide term finance contract servicing functions, such as originations, loan account management, collections, and or portfolio reporting - consider partnering with Travelers Acceptance.
Travelers has the infrastructure, expertise and industry experience to design tailor made businesses process outsourcing programs that will meet your needs.
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CRELOGIX IMAGINE...
Offering your Canadian tours an affordable means to pay (in their local currency) for your Time-share at time of sale in real time. Imagine having the confidence of credit granting decisions based on prudent consumer credit risk based lending, contracted in full compliance with local consumer protection legislation .... without having to set up your own Canadian infrastructure. With Crelogix from Travelers you have a turnkey system to increase your Sales, Cash Flow and bottom-line profits protect your business, attract and serve more Canadian Clients.
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Travelers Acceptance Corporation has since 1974 partnered with businesses to arrange, structure and fund unique indirect consumer financing solutions across a wide range of industries including tuition, automotive aftermarket, vacation ownership, healthcare, membership, consumer durables, power products and home improvements. Travelers consults with its client partners to create superior term financing solutitons that attract and retain more clients,close more sales, and increase overall profitability. |
editor@travelersacceptance.com Travelers Acceptance Corporation | |
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