\ Commercial Construction Financing at Ocean Pacific Capital


 

Industry Types



Program Types


Business Lines of Credit


We provide large business ines of credit to established companies in the real estate, energy, transportation, healthcare, media & communications, technology and many other industries.



Secured or unsecured business line of credit sets a maximum amount of funds available from the bank, to be used when needed, for the ongoing working capital or other cash needs of a business.


Business lines of credit are typically offered for renewable periods that range from 90 days to several years, although extended periods are usually subject to annual reviews. The maximum loan amounts vary greatly; interest rates usually float and you pay interest only on the outstanding balance. Funds from the business line of credit is typically used for daily operations, such as inventory purchases, and to cover periodic or cyclical business fluctuations. Collateral for the business line is often accounts receivable or inventory.


 


 

Our focus is on companies requiring $5 million and higher. Please call us to discuss your capital needs at 1-800-595-1474