If you need a credit facility to enhance or grow your business, contact us today!
Call 1-800-595-1474 to talk to a financing specialist today!
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CREDIT FACILITIES

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.


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

 


Daily Oil & Gas and Wall Street Journal News
7/12/20

Talos, Block 7 partners have 120 days to submit unitization plans for Zama field
Posted on Friday July 10, 2020

Talos Energy along with Block 7 partners and PetrĂłleos Mexicanos (Pemex) have 120 working days to submit a Unitization and Unit Operating Agreement to Mexico's Ministry of Energy for Zama field development.

ReconAfrica subsurface evaluation to aid Kavango basin exploration
Posted on Thursday July 09, 2020

Reconnaissance Energy Africa Ltd. (ReconAfrica) completed a subsurface evaluation delineating large prospective conventional hydrocarbon bearing structures throughout the entire Kavango basin.

Equinor awards portfolio agreement for Oseberg upgrade project
Posted on Wednesday July 08, 2020

Equinor has awarded Aibel a portfolio agreement for modification tasks at Oseberg fields in the Norwegian North Sea.

Sound Energy renegotiates contract for eastern Morocco exploration
Posted on Tuesday July 07, 2020

Sound Energy has renegotiated its Anoual exploration permit terms with Morocco's National Office of Hydrocarbons and Mines.

Petrobras awards subsea contract for BĂșzios presalt project
Posted on Monday July 06, 2020

Petrobras has contracted Saipem for installation of a rigid riser-based subsea system for the BĂșzios presalt project. The field lies in Santos basin, offshore Rio de Janeiro, in 1,537-2,190 m of water.

Wall Street Journal
Commercial News

7/12/20

WSJ.com: US Business

From Flour to Canned Soup, Coronavirus Surge Pressures Food Supplies
Grocers are having trouble staying stocked with goods from flour to soups as climbing coronavirus case numbers and continued lockdowns pressure production and bolster customer demand.

Disney World Reopens With Masks and Without Lines
Disney fans visiting the company?s Orlando theme park, which reopened Saturday, are finding the limited capacity and strict protocols reassuring but unsettling. ?It?s like a Twilight Zone dream.?

Covid-19 Hits Cruise-Ship Crews Hard
Cruise-ship workers suffered from more confirmed cases of Covid-19 than passengers, according to newly released government data.

Bankruptcy Is Better Option for Small Businesses With New Law
Lawyers expect a surge in small-business failures in the coming months. A new law, they say, will make many business owners realize that filing for bankruptcy might be a better option than struggling for years.

Quit Chrome. Safari and Edge Are Just Better Browsers for You and Your Computer.
Could this be the year when you pack up your bookmarks and switch from Google Chrome to another browser? Joanna Stern weighs alternatives like Microsoft?s Edge and Apple?s Safari.

Breaking Down the Pandemic's Toll on the Job Market
In the first half of 2020, we saw a decade?s worth of employment gains wiped out in two months, and then about a third of the 21 million lost jobs recovered. Here is a look at who and what kinds of jobs were impacted.

Fed Discloses More Corporate Bond and ETF Purchases
The Federal Reserve purchased about $1.3 billion in face value of corporate bonds from June 17 to June 26, boosting its purchases under a market-stabilization buying program to about $1.5 billion at the time.

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