How It Works

Get a Vacation Loan, funded by Canadians just like you

Rates starting at 8%

Borrow up to
$100,000

Low monthly payments

How It Works

Fast & Easy Online Application

Apply online while you are still on vacation. Once you have selected your Vacation Club Membership you can be approved while Relaxing on the beach.

Obtain Your Financing Quickly

Once you have selected your Vacation Club Membership, you can qualify for your loan. Alderwood sends the loan proceeds directly to Your Resort to finance you Vacation Club Membership

Funded by Canadians

Alderwood obtains its funds from CheckMark Financial Inc. CheckMark raises capital by issuing Bonds to qualified Canadians Pursuant to an Offering Memorandum. These Bonds are qualified For RRSP and TFSA Accounts.

Am I eligible for a Alderwood Vacation Loan?

You must be 18 years of age or older
You have a credit score of at least 600
You have annual income of $75,000 or more
Alternately, you and your spouse have a combined income of $125,000 or more
You have a Canadian bank account and Credit Card
You have an RRSP or TFSA account
You are a Canadian citizen or permanent resident

Quick and easy process

Easy and convenient online application

Apply securely online for your Alderwood Vacation Loan. An Alderwood representative will be available at your resort to guide you through the process. You can be approved in under 24 hours while relaxing on the beach.

Quick response

Alderwood ensures that you can complete your Vacation Membership Club purchase while still on vacation. The terms of your loan will be sent directly to your phone for signature.

Complete your Vacation Club Purchase

You can complete your purchase while at the resort. Alderwood will wire the funds directly to your Resort in full payment for your Membership.

We are fully transparent

Despite being in the Caribbean, Alderwood originates all loans strictly in accordance with the Consumer Protection Act (Ontario). You will enjoy all of the consumer protection as if your loan was made in Canada.

No Out-of-Pocket Expenses

Typically the Vacation Club will require a deposit which will be charged to your credit card. Your Alderwood Vacation Loan will reimburse you for these charges will all costs and expenses rolled into the one loan that is repaid in easy monthly payments.

Vacation Loans Re-invented

Alderwood has developed a unique lending platform utilizing funds raised by CheckMark Financial Inc. CheckMark offers Bonds to Canadian investors which are qualified for RRSP and TFSA accounts. These Bonds help to build retirement savings while permitting Alderwood to offer Vacation Loans to Canadians. CheckMark builds your RRSP while providing a means for Canadians to realize their vacation dreams with an Alderwood Vacation Loan.

Unlike a traditional Bank or credit card companies who charge interest rates of up to 26%, Alderwood provides loans at reasonable rates through the sale of the CheckMark Bonds.

Apply for your Alderwood Vacation Loan today

Disclaimer: CheckMark Bonds are issued pursuant to an Offering Memorandum that has been filed with regulatory authorities in Canada. Contact your Exempt Market Dealer to determine whether an investment in CheckMark Bonds is appropriate for you.