Ocean Pacific Capital is your best source for all your SBA Loan needs
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5-Star Mobile Home Parks
Apartments
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Assisted living facilities
Auto repair garages
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Energy
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Factories
Factory outlets
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Medical facilities
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Mixed use
Mobile home parks
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Regional malls
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SBA Loans

SBA Loans, also known as Small Business Administration Loans, assist business owners obtain small business loans and small business financing with perfect or less than perfect credit. Since 1977, we have assisted in processing almost every kind of loan request and we are proud to continually have one of the most competitive rates and a high approval rate across the nation. Whether it's time to buy real estate, acquire a new business or franchise, increase business working capital, or to purchase new business equipment, Ocean Pacific Capital can help you find the best small business administration loan to meet your needs for your business. We offer from $500,000 to $5 million dollars on most SBA loans; however, we tailor loans to meet your needs and these limits can be altered. Our loans have multiple interest rate options, such adjustable, fixed, and floating rates, no balloon payments, shorter and longer terms, as well as up to 90% loan to value. Whatever it is that you need, Ocean Pacific Capital can help you.

Most business owners that have been previously turned down for a conventional loan by a commercial lender, apply for a SBA Loan. When applying for a SBA Loan, the following documents are usually necessary:
1. A business plan, which is a written document describing the type of business and legal form, including relevant information such as annual sales/revenue, the number of employee, ownership structure, and length of time in business.
2. Complete Business Financial Statements from the past three years and current or interim financial statements.
3. Complete Personal Financial Statements from each owner, officer, partner, and stockholder that owns 20% or more of the business
4. A description of the loan request, such as how the purpose of the loan request, the amount and type of loan request, as well as how the loan proceeds will be used is required.
5. A description of the collateral that will be used to secure the loan, as well as a description of the equity in the business, availability of cash, and the potential to borrow funds.
6. Resumes of those who are and will be involved in the daily operations of the business, such as management.

Our experience with assisting thousands of individuals with the best SBA loan financing nationwide for over the past 31 years allows us to not only acquire the best rates and loan programs for your needs with our access to over 130 different lenders, but also in an efficient, timely manner. Call us today and see what we can do for you!


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

 


Daily Oil & Gas and Wall Street Journal News
5/22/19

Oil Prices Down More Than $1
Posted on Tuesday May 21, 2019

Both the WTI and Brent contract prices fell by more than $1 Wednesday.

Icahn-Backed CVR Energy Considers Selling
Posted on Tuesday May 21, 2019

The refiner also inked a deal to sell its 1.5 million-barrel storage terminal and related assets in north-central Oklahoma for $36 million.

Pioneer Cuts Hundreds of Workers in Texas
Posted on Tuesday May 21, 2019

The Permian pure-play company has reportedly cut 25 percent of its workforce as it continues to cut costs.

Louisiana Project's Price Tag Rises Again
Posted on Tuesday May 21, 2019

Sasol has raised the projected capital cost of its Lake Charles Chemical Project again.

Aramco Taps into US Shale Gas Boom
Posted on Tuesday May 21, 2019

Saudi Aramco agrees to a buy a stake in Sempra Energy's Texas LNG export terminal.

Top 2019 US Oil Stock Has No Permian Stake
Posted on Tuesday May 21, 2019

This year's top-performing U.S. oil producer doesn't have any operations in the world's fastest-growing shale play.

Gazprom Makes 17Tcf Gas Discovery
Posted on Tuesday May 21, 2019

Gazprom discovers two new fields containing over 17 trillion cubic feet of gas on the Yamal shelf.

Offshore Oilfield Service Growth Likely to Halve
Posted on Tuesday May 21, 2019

The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy.

Oil Heads for Biggest Drop in 2 Weeks
Posted on Tuesday May 21, 2019

Oil headed for its biggest drop in two weeks as signs the worsening U.S.-China trade war will take a toll on global economic growth overshadowed the prospect of OPEC+ extending output curbs.

Crude Oil Futures Mixed Again
Posted on Monday May 20, 2019

For the second straight trading day, WTI and Brent price movements were mixed.

Wall Street Journal
Commercial News

5/22/19


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