ATLANTA/PRNewswire-iReach/ — Leisure Financial Group, LLC (“LFG”) has announced an immediate expansion of its specialty finance platform. According to CEO, Ray Munoz, “We have dramatically increased the bandwidth of our resort, golf course and marina lending capabilities.”
LFG’s focus has historically been with large, multi-facility operators. With the addition of several new Life and Bank lenders to its platform, LFG will now be able to accommodate loans down to $2 million for existing properties. In addition, LFG will now provide financing for member-owned clubs in select markets. LFG hopes to fill a lasting void created by the departure of Textron, GE Capital and GMAC from the Specialty Finance marketplace in 2008-09.
Industry veterans Greg Lewis (formerly of Textron) and John Evans (formerly of GE Capital) will be spearheading the initiative for LFG. With over 20 years each in lending experience in the specialty asset world, LFG’s new platform will provide welcomed relief to individual owner-operators and private clubs across the U.S. and Canada.
LEISURE FINANCIAL GROUP, LLC
Regional Offices: Atlanta, Columbus and Philadelphia
Headquarters Office: 3060 Royal Blvd. South, Suite 140, Alpharetta, GA 30022
Main Telephone Number: 770-695-0930
Website: www.LeisureFinancialGroup.com
Media Contact: Jerry Hinckley, Chief Business Development Officer, Leisure Financial Group, LLC, 770-695-0930 x302, jhinckley@leisurefinancialgroup.com
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Leisure Financial Group, LLC