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
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 6.57% | 90% |
| 7 Year Fixed | 6.57% | 90% |
| 10 Year Fixed | 6.57% | 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 are indicative and update with the market. Single-use underwriting weighs the operating business.
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 / 7(a) | 6.03% | Up to 90% | Owner-operated single-use business |
| Bank / portfolio | 6.57% | 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.
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.
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