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.

 


Daily Oil & Gas and Wall Street Journal News
9/19/20

Wellesley Petroleum drills dry hole in North Sea PL 829
Posted on Friday September 18, 2020

Wellesley Petroleum AS drilled a dry hole in North Sea production license 829, about 75 km north of Gjøa field and 60 km northwest of Florø in 211 m of water.

Vintage completes Vali development concept
Posted on Thursday September 17, 2020

The Vintage Energy Ltd.-led joint venture in southwest Queensland Cooper basin permit ATP 2021 completed the development concept for Vali gas field.

BW Energy plans Hibiscus-Ruche development via converted jack up
Posted on Wednesday September 16, 2020

BW Energy provided an alternative development plan for Hibiscus-Ruche, in the Dussafu Marin permit and associated Ruche Exclusive Exploitation Area offshore Gabon.

Theia Energy moves Great Sandy Desert exploration project forward
Posted on Monday August 31, 2020

Theia Energy has entered a land use agreement with the Karajarri Traditional Lands Association enabling the company to move forward with its unconventional oil and gas exploration plans in the onshore Canning basin permit EP 493.

Triangle placement and share purchase plan to fund Cliff Head work
Posted on Thursday August 27, 2020

Triangle Energy (Global) Ltd., Perth, has raised $2.2 million (Aus.) through a share placement and intends to raise a further $1 million via a share purchase plan to current shareholders.

Wall Street Journal
Commercial News

9/19/20

WSJ.com: US Business

U.S. Bans Chinese Apps TikTok and WeChat, Citing Security Concerns
The Trump administration will begin restricting downloads and use of popular Chinese-owned apps TikTok and WeChat late Sunday, in a move U.S. officials said arose from national security concerns but which drew objections for impinging on free-speech rights.

Judge to Hear Arguments on Trump's WeChat Restrictions
A California federal judge will hear arguments Friday as part of an emergency push to delay enforcement of President Trump?s order placing restrictions on the app WeChat.

WeChat Ban Rattles Chinese Communities in U.S.
Many Chinese-Americans and U.S. businesses with a largely Chinese clientele say they rely on WeChat as their primary tool for keeping in touch with people in China and in Chinese communities throughout the world.

Companies' New Back-to-Work Dilemma: Who Returns First?
Employers use algorithms and dashboards as they navigate liability concerns and bruised egos.

The Incredible Shrinking GM: Mary Barra Bets That Smaller Is Better
The CEO streamlined a company that for decades reigned as the world?s largest auto maker. Now, she is readying for the next big bet: electric cars.

Jobless Rates in Northeast, West Are Highest in Nation
Unemployment rates in regions across the U.S. moved down this summer after peaking in April, when the coronavirus first triggered widespread lockdowns. Still, jobless rates clocked in above 10% in 10 states.

Fed Issues New Bank Guidance to Improve Main Street Loan Access
The move is a bid to increase loans to small and midsize businesses via the central bank?s program amid the coronavirus pandemic.

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