Alpharetta, Georgia, May 20, 2013: Leisure Financial Group, LLC (“LFG”) announces the formation of a new financial services company to serve the Golf and Marina Industries. Based in Alpharetta, Georgia, LFG will focus on mortgage lending and loan administration services for high-quality U.S. golf properties and coastal marinas. LFG’s executive team includes former Textron Financial Golf Finance Division President, Ray Muñoz, along with former Textron Financial Senior Vice President and Credit Officer, Jason Vallee, and former Textron Financial Vice President and Group Controller, Nicole Brook.
According to Ray Muñoz, “LFG is an organization specifically designed to meet the needs of the golf and marina industries. We have assembled a team of dedicated industry professionals with vast experience lending to these industries.” Muñoz adds, “Over the last five years we have seen most of the national lenders exit the marketplace, leaving owners with limited financing options.” LFG was created to help fill that gap. LFG’s focus will be in providing refinancing and acquisition loans for high-quality assets that have stable or growing cash flow and to experienced owners and operators. LFG will offer competitive fixed rates, long terms and expanded amortizations for transactions greater than $8M.
Ray Muñoz brings more than 20 years of golf/marina lending experience to LFG. At Textron Financial, he led a Division that generated more than $5 billion in loan originations and was widely recognized as the largest and most experienced lender for golf courses and marinas. Jason Vallee and Nicole Brook each have more than 15 years of lending experience with Textron Financial. Recently, they led Textron Financial’s Golf and Marina Operations, Credit, and Accounting departments.
For more information, please contact:
3060 Royal Blvd. South, Suite 140
Alpharetta GA 30022
Main Office: 770.695.0930
Ray Muñoz, Chief Executive Officer: Office: 770.695.0930 x301 ~ Cell 404.272.4498 ~ firstname.lastname@example.org
Jason Vallee, Chief Operations/Credit Officer: Office: 770.695.0930 x303 ~ Cell 770.823.7318 ~ email@example.com
Nicole Brook, Chief Financial Officer: Office: 770.695.0930 x304 ~ Cell 401.258.8562 ~ firstname.lastname@example.org
RELEASED: May 20, 2013