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.
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
Oil clawed back some losses as signs of a recovery in the Chinese economy bolstered hopes for a rebound in demand though prices are still headed for the worst quarter on record.
Wall Street Journal
WSJ.com: US Business
Xerox Is Ending Hostile Takeover Bid for HP Xerox is pulling the plug on its hostile bid to buy larger rival HP after the coronavirus pandemic undermined the copier maker?s ability to pull off the debt-laden merger.
Apple Commits to Paying Contractors The tech giant said it plans to pay its hourly contract workers after some janitors at their Silicon Valley campus were told their jobs were being suspended without pay.