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Wyndham Worldwide Corporation Recently Renewed Financing

Wyndham Worldwide Corporation has recently renewed its financing for its Orlando based timeshare operations. According to a recent story in the Orlando Sentinel, Wyndham has stated that the securitized timeshare receivables conduit has a capacity of $600 million, and is renewed through September 2011. Timeshare companies typically use the receivables facilities to turn timeshare buyers mortgage into cash that the companies can use for further development.

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This entry was posted on Saturday, November 27th, 2010 at 2:50 pm and is filed under Disney Timeshares, Domestic Timeshares, Florida Timeshares, Orlando Timeshares, Timeshare Articles, Timeshare Industry, Timeshare News . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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