Looking for a hotel loan? Ocean Pacific Capital has over 31 years of commercial lending experience you need for a hotel loan. Whether you need to refinance your current hotel loan or acquire a hotel loan, Ocean Pacific Capital can tailor the hotel loan to fit your needs. Hotel loan financing for new construction and hotel loan financing for the purchase of an existing hotel is also available. Obtaining a hotel loan requires proof of a profitable operating and occupancy history of the hotel. With access to over 87 aggressive direct hotel loan lending sources, Ocean Pacific Capital has the best hotel loan rates and hotel loan terms. Loan amounts on hotel loans can range from $500,000 to $1.3 billion. Fixed rates on hotel loans are also available as well as hotel loans with adjustable rates. Debt coverage ratios for hotel loans start at 1.10 and up. Hotel loan financing is available nationwide with the most competitive rates. We realize that every hotel loan financing scenario is unique and different. We strive to accomplish your requests, whether you are refinancing a hotel loan, hotel purchase loan, or just need extra cash out from your hotel loan or hotel mortgage.

For current hotel loan interest rates or to discuss the prospects of a hotel loan, call us toll-free at 1.800.595.1474. Make Ocean Pacific Capital your hotel loan financing solution.

WSJ.com: US Business

AstraZeneca-Oxford Vaccine Up to 90% Effective in Trials
The success of the vaccine being developed by the University of Oxford and AstraZeneca bodes well for the near-term availability of a third treatment for Covid-19, joining those from Moderna as well as Pfizer and BioNTech.

Merck to Buy OncoImmune for $425 Million Amid Race for Covid-19 Treatments
The drugmaker is buying biopharmaceutical company OncoImmune, which has reported positive results from a late-stage study of a coronavirus therapeutic candidate, for $425 million in cash.

GM Stops Backing Trump Administration in Emissions Fight With California
General Motors will no longer back the administration in its legal battle to strip California?s authority to set its own fuel-efficiency regulations, saying GM?s goals for green cars are aligned with the state and the new Biden administration.

GM to Recall 5.9 Million Vehicles With Takata Air-Bag Inflaters
General Motors has agreed to replace potentially faulty Takata air-bag inflaters in millions of its pickups and SUVs, a fix ordered by federal safety regulators that could cost the auto maker more than $1 billion.

Amid Coronavirus Surge, Holiday Shoppers Flock to Malls
Americans visited malls over the weekend saying they wanted to do Christmas shopping before potential lockdown restrictions are implemented or to avoid Black Friday crowds, as the spreading coronavirus looms over the holiday season.

Biden Picks Janet Yellen for Treasury Secretary
President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen, an economist at the forefront of policy-making for three decades, to become the next Treasury secretary.

U.S. Economic Activity Picks Up on Postelection Lift, Vaccine Results
The U.S. economy continues to recover from the downturn caused by the pandemic, according to business surveys that show services and manufacturing activity growing, while surveys show the European economy is set for a fresh contraction in the final quarter of 2020.