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
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 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
WSJ.com: US Business
TikTok Deal Faces Questions Over Security, Ownership An emerging deal to make China?s popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company.
China Has Reasons to Like TikTok's Trump-Approved Deal A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal?s chances of finding favor in Beijing, which had threatened to veto a sale.
Meat Was Once in Short Supply. Now, It's on Sale. Prices for meat are falling at grocery stores as last spring?s shortages fade and livestock clog farms, benefiting consumers but hurting meatpackers and farmers already hit by Covid-19 disruptions.
CEOs Start to Place Big Bets as Pandemic Grinds On As the coronavirus?s spread continues in the U.S. and abroad, businesses have concluded they?ll coexist with it for some time. So they are reviving stalled operational plans, changing leaders and reissuing financial targets.
Pandemic Threatens to Widen Racial Homeownership Gap The housing market has led the recovery from the pandemic-induced economic downturn as Americans have rushed to buy homes, but some analysts warn it may widen the longstanding gap in homeownership between Black and white Americans.