Travel RSP & CheckMark Financial Partner

PRESS RELEASE
September 17, 2025

Travel RSP & CheckMark Financial Partner to Expand Vacation Ownership Financing for Canadians

Ottawa, ON – Travel RSP, in partnership with CheckMark Financial Corporation, is proud to announce the launch of an initial $50 Million credit facility to make vacation ownership more accessible for Canadian travelers. This first-phase facility, provided by CheckMark and made available through Alderwood Financial Inc. of Nassau, Bahamas, will support consumer loans for qualified Canadian borrowers purchasing timeshares and vacation club memberships at resorts abroad.

Travel RSP is the exclusive representative bringing CheckMark’s innovative financing and refinancing solution to the resort marketplace. By working with leading resort developers across Mexico, the United States, the Caribbean, and Cuba, Travel RSP ensures Canadian vacationers have access to fair, transparent, and competitive loan options denominated in Canadian Dollars—eliminating foreign exchange fluctuation risks while on vacation.

Alderwood Financial has developed a loan program specifically tailored for Canadian vacationers. Leveraging technology from TurnKey Lender Inc., Montreal, QC, Alderwood can access credit scores and approve loans in real-time during sales presentations at resort sales centers. Every step of the lending process is managed by Canadian staff, ensuring professional service and confidence for borrowers.

The program was officially launched in January 2025 in Cuba with the Essence Travel Club in Varadero. In partnership with Travel RSP and CheckMark, Essence offered Canadian tourists the option to finance their vacation club memberships directly at the point of purchase. Following the successful launch, Travel RSP and Alderwood are expanding the program to additional resort partners in Mexico and the Caribbean, with broader rollout expected during the 2025–2026 tourism high season.

This $50 Million facility represents only the beginning of what is expected to become a much larger program as demand increases. As more resort developers adopt the model, Travel RSP, CheckMark, and Alderwood plan to significantly expand available financing capacity to meet the needs of Canadian travelers in top vacation destinations.

Formed in 2019, CheckMark Financial Corporation is a Canadian investment company based in Ottawa, Ontario. CheckMark raises capital from Canadian investors by offering 6% yield Bonds that are qualified investments for Canadian Registered Retirement Savings Plans (RRSPs). These Bonds are only available from authorized Canadian Exempt Market Dealers through an Offering Memorandum issued by CheckMark.

For more information about Travel RSP and the Alderwood loan program, please contact:
Marco Torres [email protected]
Travelrsp.ca – Exclusive Representative to the Resort Industry
Phone: 786.556.0473