The acquisition and development of real estate can be an intimidating and overwhelming process even without the process of obtaining financing for it.
With over 31 years of experience in the commercial finance industry and access to numerous lending products and services designed specifically for land acquisition financing, we are committed to providing the financing you need, efficiently and cost effectively to ensure that the process goes smoothly. Whether your plans include a single unit commercial building, a whole commercial development, or a housing development, we can help you make it happen.
To get started on land acquisition financing, some documents that may be necessary are: an executive summary for the project with capital requirements, the construction plans and budgets, the previous two years’ complete trailing income statements and balance sheets, as well as three years of tax returns for the organization. To meet your cash flow requirements, we have loan amounts available from $500,000 to $1.3 billion plus with competitive rates and flexible payment schedules amortized over various terms.
Ocean Pacific Capital can tailor a loan program that will meet your cash flow requirements and time frame. Our services are also available if you wish to convert your land acquisition loan into permanent financing. We’ve offered financing across the nation over the past 31 years and continue to offer the most competitive construction, acquisition, development, and permanent financing. Email us or call us today and let us help you get the best land acquisition financing.
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
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 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 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.
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.
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.
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Charles Elfsten, President
Charles A. Elfsten
