For projects that require more capital than offered by a Small Business Administration (SBA) loan, you need someone as experienced and efficient as Ocean Pacific Capital. For over 31 years, we have helped real estate developers and investors obtain the best manufacturing facility financing for their projects. We offer loan amounts starting at $500,000 to $500 million plus. With these larger projects, we have the financial contacts and resources to access numerous financial institutions to assist you in structuring your deal. To meet the demands of our clients, Ocean Pacific Capital offers manufacturers acquiring, developing, renovating, or equipping facilities to finance their project with triple tax-exempt bonds. Triple tax-exempt financing enables our clients to begin capital improvements at the lowest available costs and to better manage the timing of their capital investments. The advantages of these loans in comparison to the conventional loans are that interest rates are reduced, financing terms are longer, less equity contributions, and depending on the type of project there is an opportunity to obtain a construction and permanent financing in a single loan. Depending on the loan, there may also be a sales tax exemption on materials utilized to construct, renovate, or equip manufacturing facilities. Real estate tax reductions may also be available. To help us tailor a program to meet your demands and cash flow requirements, please complete the commercial loan application, located on our website. Or for more information on manufacturing facility financing or any other type of financing, email us or give us a call today and see how we can exceed your expectations.
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Daily Oil & Gas and Wall Street Journal News
Gazprom Neft, Lukoil, and Tatneft have established a joint venture, New Oil Production Technologies LLC, for exploration and production of hydrocarbon reserves in Russiaâ€™s Orenburg Oblast, including the Savitsky and Zhuravlevsky license blocks.
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
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.
With No Summer Concerts, It's Garth Brooks at the Drive-In Virtual tours and drive-in shows don?t come close to making up for scores of canceled or postponed events, but they are finding eager audiences and providing a financial lifeline for some artists and bands while tours are on indefinite hiatus.
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.
Charles Elfsten, President
Charles A. Elfsten