Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Property Type
Special-Purpose & Single-Use Loans
Single-use and specialty commercial mortgages finance business owners and investors buying single-purpose property such as restaurants, gas stations, car washes, bowling alleys and marinas. These are usually owner-operated and financed through SBA, with up to 90% LTV. See our business loans pillar for owner-occupied guidance. Compare today’s commercial mortgage rates.
Get a Free QuoteSpecial-Purpose Loan Rates & Terms
Rates updated as of August 23, 2026
| Loan Type | Rate* | Max LTV |
|---|---|---|
| SBA 504 (Fixed) | 6.03% | Up to 90% |
| SBA 7(a) (Variable) | 6.75% | Up to 90% |
- Owner-operated single-purpose businesses
- Often financed through SBA 504 and 7(a)
- Up to 90% LTV, 100% possible for certain professional businesses
- Purchase and refinance nationwide
- Bank and bridge options for established operators
- Loans from $1,500,000
Rates last updated August 23, 2026. Rates and maximum LTV shown represent our best-case pricing scenarios. Actual rates, LTV, and loan terms are subject to underwriting approval and may vary.
SBA Financing in 2026: Bigger Limits, Record Volume
Because most special-purpose property is owner-operated, SBA is the workhorse program, and it has never been more active:
- Record FY2025 volume: 84,400 SBA 7(a) and 504 loans totaling $44.8 billion, including $37 billion of 7(a) and $7.8 billion of 504 lending (SBA, September 2025).
- Loan limits doubled: effective July 4, 2026, the combined 7(a) plus 504 cap rose from $5 million to $10 million, up to $5 million through each program (announced May 18, 2026).
- Capital-intensive businesses benefit most: the SBA cites construction, logistics, energy, food production and manufacturing as the target industries for the higher limits.
- Small manufacturers drew 3,500+ loans for $2.6 billion in FY2025 and can now pair $5 million of 7(a) with 504 project financing.
Translation for buyers of restaurants, gas stations, car washes and similar single-use property: more SBA capital, higher caps and strong lender appetite in 2026. We arrange special-purpose financing in all 50 states, including Texas, California, Florida, New York and Georgia, and in metros of every size, from Houston, Phoenix, Atlanta, Chicago and Los Angeles to small towns nationwide.
Compare Your Special-Purpose Loan Options
Special-purpose property is built around the business that runs it, which makes SBA a natural fit:
| Program | Typical rate* | Max leverage | Best for |
|---|---|---|---|
| SBA 504 | 6.03% | Up to 90% | Owner-occupied real estate and equipment |
| SBA 7(a) | 6.75% | Up to 90% | Single-use business, acquisition and working capital |
| Bank / portfolio | 6.56% | Up to 75% | Established operators, stronger credit |
| Bridge | 9.00% | Up to 70% | Acquisition and turnaround |
Up to 90% LTV is available through SBA, and 100% is possible for certain professional businesses. Most special-use lending is owner-occupied, so see our business loans pillar.
Rates last updated August 23, 2026. Rates and maximum LTV shown represent our best-case pricing scenarios. Actual rates, LTV, and loan terms are subject to underwriting approval and may vary.
Special-Purpose Businesses We Finance
Single-use and specialty commercial mortgages are essential financing tools for business owners and investors buying single-purpose property. These properties are built around a specific operating business, which makes them harder to finance conventionally and a natural fit for SBA. We regularly finance:
- Restaurants
- Gas stations
- Car washes
- Bowling alleys
- Campgrounds & RV parks
- Marinas
- Auto repair & service stations
- Health clubs & fitness centers
- Funeral homes
- Day care centers
- Golf courses
- Other single-purpose property
Special-Purpose Property: 2026 Perspective
Demand for single-use commercial property remains strong, particularly in food service, logistics and healthcare, and financing continues to run mainly through SBA because these assets are owner-operated. SBA lending hit record volume in FY2025 at $44.8 billion, and the combined 7(a) plus 504 loan cap doubled to $10 million effective July 4, 2026, expanding what owner-operators can finance (see SBA financing in 2026).
Owner-occupied is the key. When the borrower operates the business at the property, SBA 504 and 7(a) offer high leverage, long terms and flexible underwriting that conventional lenders rarely match on single-use assets.
Value follows the business. Because the real estate and the business are intertwined, lenders focus on the operator’s experience and cash flow. A strong operator with a clear plan can access financing that a purely real-estate view would miss.
Standalone and repositioned assets. Standalone properties are adapting to new market conditions, and value-add or turnaround situations are best matched to a bridge or SBA loan with a path to stabilization.
Why Finance Special-Purpose Property With Select Commercial
With more than 30 years of experience placing loans that generalist lenders avoid, we finance single-use businesses through SBA, bank and bridge lenders who understand each business type. There are no upfront application or processing fees, and we issue written pre-approvals within 48 hours at no cost or obligation.
What Our Clients Say
“I needed an SBA loan and found Select Commercial. It was obvious Stephen knew everything about commercial loans. If you are starting a small business, definitely give them a call.”
Larry S. · Washington, DC“I needed a business mortgage for my small business. Stephen helped me the entire way and was always accessible. I highly recommend them.”
Jonathan M. · Seattle, WA“I am a veterinarian who purchased an existing practice. I was surprised to find a company that offered 100% financing at a good rate, with great terms and rates for medical office financing.”
Carol K. · Chicago, IL“Select Commercial offered 100% financing for my medical practice when my bank would have required 20% down. They delivered something my bank could not, and handled everything professionally.”
John C. · Boston, MAGet Your Special-Purpose Loan Quote
No cost, no obligation. Written answers within 48 hours on single-use loans from $1,500,000.
- No application or processing fees
- Written answers within 48 hours
- For 5+ unit and commercial properties, $1.5M and up