Ocean Capital Makes an Appearance on the Cover of Scotsman Guide

Check out the May 2010 Commercial edition of Scotsman Guide. 

Ocean Capital Announces Our New VP of Business Development - Ed Lynch

Ocean Capital is excited to announce the recent hire of Edward Lynch, Vice President of Business Development.  As VP of Business Development, Ed will handle commercial loan requests nationwide from $250,000 to $5,000,000 under the SBA 7(a) and USDA B&I loan programs.
Prior to joining Ocean Capital, Ed worked at various financial institutions such as Business [...]

Ocean Capital Introduces the Newest Addition to our Sales Team

Ocean Capital is pleased to announce the newest addition to our sales team, Mr. David J. Canning.  Prior to joining Ocean Capital, David spent the past 5 years as an investment sales broker with Massey Knakal Realty Services and Marcus and Millichap Real Estate Investment Services in Manhattan, NY.
While working as an investment sales broker, David sold 20 buildings in [...]

Introducing a New Addition to our Executive Team

We’d like to announce the new addition to the Bank’s executive Team, Ms. Katherine Marien, Senior Lending Officer.  Ms. Marien brings over 25 years of credit and management experience in financial services, including credit risk management, implementing policies and procedures, staff training and development as well as underwriting.  She will be a valued addition to [...]

Announcing Our Increased Broker Referral Fee to 1%

Ocean Capital has increased our broker compensation to 1% on all referred loans that close and fund.  The 1% referral fee is effective immediately on all deals submitted to Ocean Capital.Â
We hope this payout increase demonstrates just how much we value your business!
*Check out our recent email blast

Check out our New and Improved Website

The Ocean Capital website just received a much needed face-lift.  In addition to the freshened up appearance, we also added some new features such as a broker resource center and case studies.  We hope you like the new look and find the revamped site to be both practical and informative.
Check out the email below which was sent out to announce the [...]

Reminding Customers to take Advantage of the Fee-Free SBA Loans

Check out our recent email to our broker database, highlighting the benefits of the American Recovery and Reinvestment Act.Â
Mention the email to your Ocean Capital Commercial Loan Officer and he can send you the email to forward onto your clients to showcase the Act’s highlights, including waived loan gaurantee fees and increased loan gaurantee percentage.

We’re Hiring - Credit Analyst

We’re seeking a commercial Credit Analyst with 5+ years of SBA 7a underwriting experience.  The ideal candidate is located in Rhode Island/Boston with a background in commercial finance and is able to work independently and multi-task.  Knowledge of SBA loan programs and USDA loan programs is a plus.  The position includes a competitive salary and [...]

Don’t Forget about USDA!

Sometimes all of the focus is on SBA lending, but lets not forget about the millions of dollars in USDA loans the government has earmarked to assist rural business owners.  This government guaranteed program is geared towards business owners who own property in rural areas (cities with populations under 50,000).
As  a USDA specialist, we promise the loan process [...]