Since 1977, Ocean Pacific Capital has been a premier provider of the best credit facilities to owners of commercial properties and businesses. We understand business owners and investors like you are looking for alternative sources of capital. Our expert credit facility specialists strive to provide innovative solutions to meet the needs of our customers in today's competitive environment. To accomplish this, we have developed in-depth expertise in products designed to augment clients' traditional sources of capital.
A credit facility will enable your firm to borrow up to a pre-specified amount usually over 1-5 years. As repayments of outstanding balances are made, the credit facility is replenished. There are four major types of credit facilities: revolving credits, committed facilities, term loans (business loans, syndicated loans), letters of credit, and equipment lines. They are also called lending facilities.
Our credit facility specialists will help you determine what type of credit facility is appropriate for your needs. For example, a revolving credit facility can give qualified multifamily borrowers fast, flexible and affordable access to short-term and long-term credit. The size and credit quality of the multifamily properties securing the credit facility determine the borrowing capacity.
Ocean Pacific Capital will tailor the best credit facility to fit your unique needs. Floating-rate loans can be drawn under the facility in a variety of maturities or borrowing tranches that match the specific needs of the borrower. At the maturity of each borrowing tranche, borrowers have the option to extend the advance, alter the term and/or advance amount or pay off the advance. Also, the facility will give the borrower the ability to move properties into and out of the mortgage pool securing the facility, which provides the borrower with broad asset and liability management capacity.
By gaining a full understanding of our customer's needs and meeting these needs, we build a relationship that goes beyond a standard transaction approach. We focus on finding the right solution to your needs rather than concentrating on selling a product or service. Please call us today at 1-800-595-1474 or submit a quick information form to discuss our credit facility programs. We look forward to the opportunity of becoming your choice for all your commercial financing needs.
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave. The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump?s son-in-law and adviser.
NYC Council Stops Midtown Tower Construction Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,.
Malls Never Wanted Gyms. Now They Court Them Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they?re giving health clubs some of their best real estate.
Charles Elfsten, President
Charles A. Elfsten