Since 1977, we have been an expert in commercial hard money mortgage loans and will offer the best rates.
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Commercial Hard Money Mortgage


If you currently own a commercial property, but the property is not acquiring enough income, or your business is losing money, and your credit is poor, commercial hard money mortgage loans are available and easily obtained in these situations. For over the past 31 years, Ocean Pacific Capital has specialized in commercial property backed loans for those difficult to fund property types or special situations that are harder to fund under normal circumstances, such as bridge loans. While these requirements differ between lenders on loan to value ratios, property values and types, it is best to work with someone who has the experience and access to over 130 different lenders to obtain the necessary financing that you need. Properties become an important aspect in obtaining financing as commercial hard money mortgage lenders need a source for repayment. Therefore, if the borrower does not commit to the payments of the mortgage, the hard money lender will be forced to forclose and sell the property as collateral. Most commercial hard money mortgage loans are short-term; however, depending on each case, longer terms are available. We offer commercial hard money loans starting at $500,000 and up. To get started on this process today or for more information on how we can exceed your needs, email or call our commercial loan specialists today.

Whatever your financing needs,
we will tailor a loan that's right for you.

 

Wall Street Journal
Commercial News

11/25/20

WSJ.com: US Business

GE Plans More Job Cuts in Aviation Division
General Electric warned employees that more job cuts are coming to the conglomerate?s jet-engine business because of the pandemic?s impact on commercial air travel even with the promise of a vaccine on the horizon.

AstraZeneca Gears Up to Vaccinate the World
Among the front-runners racing to deliver a Covid-19 shot, AstraZeneca has the least vaccine experience. But it has promised the world the most doses?more than three billion.

Penguin Random House Parent Near Deal to Buy Simon & Schuster From ViacomCBS
ViacomCBSInc. is close to a deal to sell book publisher Simon & Schuster to German media giant Bertelsmann SE for more than $2 billion, according to people familiar with the matter.

Dick's Sporting Goods CEO Ed Stack to Step Down
The retail executive built the company into a national chain during his decades at the helm and led it into a contentious national debate over gun violence. He will remain chairman and chief merchant.

Europe's Biggest Utility Company to Ramp Up Spending on Wind, Solar Power
Enel plans to spend around $83 billion expanding its presence in wind and solar power in the coming decade, seeking to cement its position as the world?s largest renewable energy producer outside China and capitalize on the shift to green energy.

Politics Isn't Janet Yellen's Forte, but It's What She's In for Now
Biden?s pick for Treasury secretary has done it all in economic policy, and if confirmed will face new tests on debt and spending in a deeply divided Washington.

Upbeat Investors Look Past Current Woes
U.S. economic growth is slowing and coronavirus cases are surging, but stocks climb ever higher as investors look ahead to when vaccines usher in better days.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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