End-User Finance

A loan that is given directly to the purchaser of a timeshare interval.

Timeshare financing for resale ownerships has become very hard to come by in recent years. Many companies that our brokerage has worked with have now either closed their doors, or vastly inflated their rates. Most financing going on in the world of timeshares is done at the presentation table.

In these loans, usually the developer themselves carries the note, but some also have deals with finance companies who can fund the purchase on the developer’s behalf. Oddly enough, even with the rates of timeshare loans skyrocketing, most developer-based financing will be just as expensive, if not, more than loans for a resale account. Not to mention, buying your timeshare resale is dramatically cheaper than the presentations.

Related Terms: