Since 1977, we have helped many clients find the best short term loan or bridge loan for their situation.
Call us toll-free at 1-800-595-1474
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5-Star Mobile Home Parks
Apartments
Apartment Buildings
Assisted living facilities
Auto repair garages
Boutique hotels
Car dealerships
Care facilities
Car wash facilities
Casinos
Church financing
Congregate care
Drugstores
Walgreens
CVS Pharmacies
Rite Aid
Energy
Ethanol plants
Factories
Factory outlets
Franchises
Gas stations
Golf courses
Grocery stores
Hospitality
Hotels
Housing developments
Independent living facilities
Industrial parks
Land acquisitions
Manufacturing facilities
Medical facilities
Medical offices
Mini storage
Mixed use
Mobile home parks
Movie theaters
Office buildings
Offices
Parking garages
Post Offices
Private schools
Raw land
Regional malls
Residential subdivisions
Resorts
Restaurants
Retail centers
RV parks
Senior housing
Shopping centers
Ski resorts
Special use buildings
Strip centers
Student housing
Tract development
Warehouse distribution centers
Warehouses
Wineries

 
 
 

Short Term Loan

Short Term Loans or Bridge Loans are usually 90 days to a one year term with options for extension. The short term loan amount ranges from $1,000,000.00 to $50,000,000.00 within the Continental USA on most property types.

Short term loans offer the advantage of a relatively fast closing time -as fast as is necessary or possible. The closing time frame can actually be closed within a few days given there are no unusual issues and most of the paper work, legal work and title work is in order and any required and ordered third party reports for any given transaction do not experience delays. Existing third party reports may be acceptable and in some cases appraisals may not even be required.

The property types considered are apartments, retail, office, industrial, residential condominiums, gas stations, raw land, multifamily, mixed use, self storage, commercial condominiums, warehouses, motel, hotel, single tenant, assisted living facilities, automotive facilities and nursing homes. Loan proceeds can be used for acquisition or purchases, construction (improvement and renovation construction, gut rehab construction, ground up construction and infrastructure construction) or for refinancing with or without cash out.

There are no strict rules as to the structuring of any given deal and each lender is different in their outlook and risk assessment. With a large network of lenders at our disposal, Ocean Pacific Capital can find you a program that best fits your unique situation.

We fund all commercial and construction loans from $500,000.00 to $1,300,000,000.00 worldwide.

  • Debt coverage ratios from 1.10 up
  • Adjustable and Fixed Programs
  • Loan to cost up to 100%
  • Loan to value up to 90%
  • 10 to 30 year Financing

If you need Commercial Monies, Equity Partners and /or Secondary / Mezzanine Financing, call our Commercial Loan Department at 1800 595-1474 or apply today for a free consultation.

 


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

 



Daily Oil & Gas and Wall Street Journal News
11/20/17

Officials: BP, Eni Interested In Developing Iraq's Majnoon Oilfield
Posted on Sunday November 19, 2017

BP and Eni are among companies that have expressed an interest in developing the giant Majnoon oilfield.

Oil Eases As Traders, Investors Grow Edgy Ahead Of OPEC
Posted on Sunday November 19, 2017

Oil prices fell 0.8%, extending recent weakness ahead of next week's OPEC meeting.

ADNOC Pushes Ahead With IPO After Emaar Sale
Posted on Sunday November 19, 2017

Abu Dhabi National Oil Co. plans to sell as much as 20% of its fuel-distribution unit.

Sources: Two Alberta Oil Sands Upgraders Warn Customers Of Volume Cuts
Posted on Sunday November 19, 2017

Two oil sands upgraders in Alberta have warned customers about cuts to synthetic crude output.

BP Seeks Stake In Cairn Energy Senegal Assets
Posted on Sunday November 19, 2017

Cairn Energy is in talks with BP to sell a 30% stake offshore Senegal.

Russia's Rosneft Signs Oil Supply Deal With Greece's Motor Oil
Posted on Sunday November 19, 2017

Rosneft and Greece's Motor Oil Hellas Corinth Refineries have signed a deal on mutual supplies of crude oil and oil products.

Media: Three Dead After Suspected Gas Leak At PetroChina Refinery
Posted on Sunday November 19, 2017

Three workers are killed and six others injured during a suspected gas leak.

Ancala Acquires Apache's Two North Sea Gas Pipeline Assets
Posted on Sunday November 19, 2017

Ancala Partners finalizes its acquisition of Apache's interests in two North Sea gas pipeline assets.

Keystone XL Clears Major Obstacle in Nebraska
Posted on Sunday November 19, 2017

Nebraska panel clears path for Keystone XL.

Shell, Bio-Bean Power London Buses with Coffee Ground Biofuel
Posted on Sunday November 19, 2017

Royal Dutch Shell plc and Bio-Bean team up to help power London buses with a biofuel made partly from waste coffee grounds.

Wall Street Journal
Commercial News

11/20/17

WSJ.com: Commercial Real Estate

Brookfield Property Makes $14.8 Billion Offer to Acquire Rest of GGP
Brookfield Property Partners LP has made a $14.8 billion offer to acquire the shares of mall owner GGP Inc. that it doesn?t already own, according to people familiar with the matter.

'Little India' Thrives in Central New Jersey
Oak Tree Road, known as ?Little India,? has been transformed from a rundown and desolate area to a booming ethnic business district that attracts South Asian customers from Maine to Maryland.

NYC's Pearl River Mart Will Expand to Chelsea Market
Pearl River Mart, once a casualty of skyrocketing retail rents, is planning to open another 3,500 square-foot store at Chelsea Market in Manhattan.

Office Spaces Focusing More on Communal Areas
Businesses are beginning to design offices spaces that are increasing the amount of square footage per employee when shared work settings are taken into account.

Chocolate Giant Ferrero to Look for Innovation at Cornell Tech
Ferrero, Italian manufacturer of sweets and chocolates, is setting up an innovation outpost at Cornell University?s technology campus on Roosevelt Island in New York City.

Shortage of Industrial Space on Long Island Squeezes Tenants
Long Island?s shrinking industrial space has placed expanding tenants in a tough spot, forcing them to look east to Suffolk County and off the island entirely, according to real-estate services firm JLL.

Supermarkets Face a Growing Problem: Too Much Space
A massive build-out by retailers has left the country piled up with grocery shelves as consumers shift from big weekly shopping trips to more snacking and to-go meals.

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