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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Congregate care
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CVS Pharmacies
Rite Aid
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Factories
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Medical facilities
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Mobile home parks
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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
3/25/19

Brazil Prepares for 16th Licensing Round
Posted on Sunday March 24, 2019

The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has scheduled its 16th Round of Bids for exploratory blocks for Oct. 10.

Oil Prices Start the Week Mixed
Posted on Sunday March 24, 2019

The WTI inched downward and the Brent finished slightly positive.

Commodity Traders Face Bribery and Corruption Probes
Posted on Sunday March 24, 2019

The biggest independent oil and metals trading houses are facing bribery and corruption investigations in multiple jurisdictions.

Part of Houston Ship Channel Reopens
Posted on Sunday March 24, 2019

The US Coast Guard has ordered pilots to stay at least 30 minutes apart as clean-up continues.

Tenaris to Buy IPSCO Tubulars for $1.2B
Posted on Sunday March 24, 2019

Steel pipe manufacturer Tenaris S.A. has entered into a definitive agreement to acquire IPSCO Tubulars, Inc. for $1.2 billion.

Crude Oil Wavers Amid Recession Fears
Posted on Sunday March 24, 2019

Anxious traders weighed a slowdown in the global economy.

$77B Earmarked to Boost China's Domestic Oil Output
Posted on Sunday March 24, 2019

China's big three -- PetroChina Co., Sinopec Corp. and Cnooc Ltd. -- are raising combined capital expenditure to about 517 billion yuan ($77 billion), up 18 percent from last year.

RockRose Energy Offers to Buy IOG Debt
Posted on Sunday March 24, 2019

London-based RockRose Energy plc made an offer to buy all of Independent Oil and Gas plc (IOG) debt for £40 million (about $53 million USD) cash.

West African Country Eyes Licensing Wrap-up by June
Posted on Sunday March 24, 2019

Ivory Coast's government is in talks with French and Italian majors

North Sea Oil Output to Drop
Posted on Sunday March 24, 2019

Oil output in the North Sea will drop in May and June.

Wall Street Journal
Commercial News

3/25/19


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