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 are essential financing tools for business owners and investors buying single-purpose properties such as restaurants, gas stations, car washes, bowling alleys and marinas. These are often owner-operated and financed through SBA. See our business loans pillar for owner-occupied guidance.
Get a Free QuoteSpecial-Purpose & Single-Use Loans Rates & Terms
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 6.57% | Up to 90% |
| 7 Year Fixed | 6.57% | Up to 90% |
| 10 Year Fixed | 6.57% | Up to 90% |
- Restaurants, gas stations, car washes, bowling alleys, marinas and more
- 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
- Loans from $1,500,000
Financing the Business, Not Just the Building
Special-purpose properties are built around the business that runs them, which makes them harder to finance conventionally and a natural fit for SBA. Demand for single-use commercial properties remains strong in food service, logistics and healthcare, and we place these loans with lenders who understand each business type.
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 Custom Rate Quote
No cost, no obligation. Written answers within 48 hours on commercial 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