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
6/15/19

Oil Prices Down for the Week
Posted on Thursday June 13, 2019

The WTI is down 2.7 percent and Brent is down two percent.

Oil Tanker Insurance Premiums Set to Surge
Posted on Thursday June 13, 2019

Oil tanker owners face spiraling insurance costs to load cargoes from the world's largest crude-export region after the latest round of attacks.

Port Arthur Terminal Expansion Wraps Up
Posted on Thursday June 13, 2019

HEP's expanded terminal facility in Port Arthur, Texas. PHOTO: Business Wire

Is Permian's Parsley Energy a Top Target for Buyers?
Posted on Thursday June 13, 2019

But major producers are wary of scooping up smaller rivals as would-be sellers are demanding too much money.

Trump Threatens to Block Nord Stream Pipeline Link
Posted on Thursday June 13, 2019

Blocking the Nord Stream 2 link under the Baltic Sea would be a blow to Russia, keeping it dependent on Ukraine as a gas export corridor.

Permian NGL Access a Plus for Exxon-Sabic Project
Posted on Thursday June 13, 2019

A new Corpus Christi-area ethane steam cracker complex will enjoy closer proximity to a major source of natural gas liquids feedstocks than other Texas Gulf Coast sites.

Schulich Buys 5 Percent of MEG Energy
Posted on Thursday June 13, 2019

Canadian investor Seymour Schulich says he bought about 5 percent of MEG Energy Corp.

Investors Focus on Trade War
Posted on Thursday June 13, 2019

For now, the war that really worries oil investors is the deepening trade conflict between the U.S. and China.

Aker Solutions Appoints New CFO
Posted on Thursday June 13, 2019

Aker Solutions has appointed Ole Martin Grimsrud as its new chief financial officer.

IEA Cuts Oil Demand Growth Forecast Again
Posted on Thursday June 13, 2019

The International Energy Agency now sees global oil demand growth at 1.2 million barrels per day in 2019.

Wall Street Journal
Commercial News

6/15/19


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