Blanket Church Rescue Financing - Ocean Capital Lending

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Blanket Church Rescue Financing

Delray Beach, FL (June 07, 2019). Ocean Capital Lending, LLC a leading mortgage company and direct lender focused on providing commercial and residential loan products has announced they provided blanket financing across a local multi-million dollar church and investment office/retail in Palm Beach County. The loan served to payoff the existing loan which Ocean Capital Lending also placed several years ago. The new mortgage cut the interest rate almost in half saving the church thousands of dollars in interest moving forward each year. Ocean Capital Lending was also able to secure subordinate financing with a revolving credit line for future expansion and renovation.