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.

 

Wall Street Journal
Commercial News

3/7/21

WSJ.com: US Business

Your Company Might Soon Offer a Covid Vaccine
Large employers including meatpackers, airlines and pharmaceutical companies are joining the race for scarce doses of Covid-19 vaccines, looking to speed up inoculations of their employees.

Electric Vehicles Are the U.S. Auto Industry's Future---If Dealers Can Figure Out How to Sell Them
Auto executives and investors buzz about EVs, but many dealers say battery-powered cars, and even hybrid models, remain a tough sell to mainstream car shoppers.

Huawei Loses Cellular-Gear Market Share Outside China
Huawei?s share of revenue from selling wireless-equipment around the world, excluding China, fell 2 percentage points last year, a signal the U.S. campaign to curb the Chinese manufacturer is starting to make an impact.

China-Linked Hack Hits Thousands of Microsoft Customers
The cyberattack on the company?s Exchange email software is believed to have infected American businesses, government offices and schools.

The Best Password Managers and Security Tips: How to Solve Your Login Problems
Dealing with passwords is about as pleasant as cleaning gutters or filing taxes. But it is just as important. Don?t wait until someone?s stolen your identity or wiped your bank account.

February Hiring Sets Up Stronger Spring Recovery
Hiring accelerated as restaurants and other hospitality businesses reopened and coronavirus cases eased, with U.S. employers adding nearly 550,000 jobs in the first two months of the year.

Hard-Hit Industries Gain Jobs on Long Road to Recovery
Employment picked up last month for the leisure and hospitality sector, as well as retail and manufacturing, but job totals remain well below pre-pandemic levels.

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