Monday, July 25, 2016

BuyaTimeshare.com Partners with Banks to Offer Financing Options


Focused on online timeshare property sales and rentals, BuyaTimeshare.com provides a host of advertising and marketing services. BuyaTimeshare.com is a longstanding member of the American Resort Development Association (ARDA). As reported in ARDA's Developments magazine, BuyaTimeshare.com entered into a June 2015 agreement to provide buyers with direct links to financing solutions from financial institutions for timeshare resale purchases.

The agreement meets a core need of buyers who have found lack of financing options to be a major impediment in acquiring timeshares on the secondary market. This move also levels the competitive disadvantage resellers traditionally experienced vis-a-vis vacation ownership developers, who have been able to offer financing through their resorts as a driver of sales.

Financial partners featured include the SunTrust Bank division LightStream, which works with prospective buyers worldwide. In addition, First State Bank of the Florida Keys offers financing to US residents for timeshares at specified resorts in Florida and South Carolina.