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Grocery Store Financing

 

Ocean Pacific Capital understands the importance of a grocery store in a community, whether it is a family-owned and independent grocery store or a well-known large supermarket. Especially in rural communities without the existence of a grocery store, finding the best grocery store financing can be complex. At Ocean Pacific Capital, we specialize in flexible, high leverage financing for grocery stores across the United States. Since 1977, we have helped many grocery store owners, whether independent or franchise, obtain the necessary financing. We offer loan amounts ranging from $500,000 to $100 million plus and loan-to-value ratios of up to 90%. Based on the credit ratings offered by the government, the better the rating, the lower and more competitive the rate (AAA-AA rating). Regardless of the credit ratings, Ocean Pacific Capital still offers one of the most competitive rates on commercial loans. Loan terms are available from 5, 10, 15, 20, and 30 years. Call us or email us today and see what we can do for your grocery store financing needs!


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

 


Daily Oil & Gas and Wall Street Journal News
7/5/20

Joint venture formed to explore and develop Russia's Orenburg Oblast
Posted on Wednesday July 01, 2020

Gazprom Neft, Lukoil, and Tatneft have established a joint venture, New Oil Production Technologies LLC, for exploration and production of hydrocarbon reserves in Russia’s Orenburg Oblast, including the Savitsky and Zhuravlevsky license blocks.

Equinor issues letter of intent for Askeladd Vest development
Posted on Tuesday June 30, 2020

Equinor issued a letter of intent to Aker Solutions to deliver the subsea production system for the next phase of the Askeladd natural gas development in the Barents Sea.

Vintage Energy wins new permit in Cooper basin
Posted on Tuesday June 30, 2020

Vintage Energy Ltd. will begin work leading to acquisition of about 100 sq km of 3D seismic on an exploration permit in the southwest Cooper basin of South Australia immediately south of Warrior oil field.

Gazprom advances Arctic shelf development with start of ice-resistant platform construction
Posted on Friday June 26, 2020

Construction of an ice-resistant platform (ICP) for Gazprom’s Kamennomysskoye-Sea field on the Arctic shelf has begun.

ADX Energy prepares Romania well flow test
Posted on Friday June 26, 2020

ADX Energy Ltd., Perth, has completed workover rig mobilization and set-up at its lecea Mica-1 (IMIC-1) gas well onshore Romania in preparation for a flow test.

Wall Street Journal
Commercial News

7/5/20

WSJ.com: US Business

Takeout Over Cafes: Pandemic Shapes Consumption Habits
U.S. spending data reflect recent reopenings, with consumers cutting back on some online grocery purchases, choosing takeout and flocking to hair salons and furniture stores. But shopping patterns indicate concern amid increases in coronavirus cases.

Facebook, Twitter, Google Face Free-Speech Test in Hong Kong
U.S. tech titans face a looming test of their free-speech credentials in Hong Kong as China?s new national-security law for the city demands local authorities take measures to supervise and regulate its uncensored internet.

Wirecard's No. 2 Was Key to the Firm's Rapid Rise. Then He Disappeared.
Jan Marsalek, Wirecard?s longtime chief operating officer, stopped responding to messages from colleagues when the electronic-payments giant ran into trouble. The company still doesn?t know where he is.

Gasoline Is Cheap This July Fourth. Fuel Retailers Aren't Complaining.
Drivers hitting the road over July Fourth weekend are poised to enjoy the cheapest holiday gasoline prices in years, but the gas stations are doing OK, too.

Home Caregivers Shoulder Burden in Covid-19 Fight
While toiling for low wages, home caregivers can find themselves?and their elderly clients?at risk of coronavirus infection. ?This is extremely hard work,? one worker says.

China's Economy Regains Strength After Strict Coronavirus Measures
Economic activity is gathering momentum in China, a raft of survey data showed, the latest sign that Beijing?s uncompromising approach to the coronavirus pandemic is starting to pay dividends even as the U.S. shuts down swaths of its economy in a struggle to contain the virus.

U.S. Unemployment Rate Fell to 11.1% in June
The employment report, based on survey data largely collected in mid-June, doesn?t reflect recent government-mandated business closures and related layoffs in response to the coronavirus.

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