Land Acquisition Financing

 

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.

WSJ.com: US Business

Shell Plans to Drill in Gulf of Mexico Despite Climate and Political Debate
The European oil giant is investing billions of dollars in the Gulf even as the Biden administration sends mixed signals on the future of drilling there.

Merck Is in Advanced Talks to Buy Cancer Biotech Seagen
A deal, potentially worth $40 billion or more, would help Merck broaden its lineup of cancer drugs, currently led by Keytruda.

FDA Will Help Overseas Baby-Formula Makers Keep Selling in U.S.
The plans in development include letting overseas companies sell their products in the U.S. beyond current shortages and providing assistance to foreign companies seeking to enter the U.S. market.

Senate Report Hits AbbVie's Bermuda Tax Structure for U.S. Humira Sales
Company made most of its overall 2021 sales in the U.S. while recording most of its profits in foreign subsidiaries, leaving it with a tax bill far below the 21% U.S. rate.

British Airways Slashes More Than 10,000 Flights Amid Industry Staffing Shortages
The airline?s reduction from its summer schedule comes as carriers continue to deal with a resurgence in travel demand that has overwhelmed operators.

Inflation Fears Drove Larger Fed Rate Increase
Fed officials concluded last month they needed to raise rates faster and to levels high enough to slow the economy because of the worsening inflation picture.

Hiring Demand Remained Strong in May
Demand for workers remained robust in late spring, with May job openings and the number of times workers quit their jobs declining but remaining historically high.