SPECIAL-PURPOSE · ALL 50 STATES
Gas Station & Car Wash Loans Nationwide
Gas station, c-store, truck stop, and car wash financing nationwide—generally from about $500,000. SBA, conventional & bridge paths. Texas-based Expo Lending. Subject to underwriting.
Aiden Fahimi, Broker | Mortgage Advisor (NMLS #1943973) · Expo Lending LLC · NMLS #2619446
Send volume/membership data and loan purpose.
Gas stations, convenience stores, truck stops, and car washes are special-purpose assets. Going-concern value, fuel brand contracts, wash membership/volume data, and environmental diligence often matter as much as the dirt and building. Expo Lending works qualifying files in all 50 states. Loan amounts commonly run from about $500,000 to larger project sizes (published specialty ranges often extend into the mid-teens of millions), subject to underwriting.
Structures Commonly Used
- SBA 7(a) — May combine real estate, business, equipment, inventory, and working capital in one note on fitting purchases
- SBA 504 — Owner-occupied real estate and heavy equipment with long fixed-rate debenture components; special-purpose equity rules apply
- Conventional / CMBS — Experienced operators; indicative leverage often below SBA maximums
- Bridge — When seller timing or transitional issues will not wait on SBA calendars—see bridge loans
Indicative published parameters in this niche often cite SBA leverage up to roughly 90% of project cost on fitting files, conventional/CMBS leverage roughly in an 80–85% LTV band, amortization up to about 25 years, DSCR tests near about 1.25x (about 1.15x on some SBA cash-flow tests), and sponsor credit commonly around 680+— all subject to underwriting.
Purposes
Purchase, change of ownership, partner buyout, refinance, cash-out, and build-out/construction may be considered when guidelines allow. See also SBA loans.
Gas Station & Car Wash FAQs
What loan sizes fit gas stations and car washes?
Specialty programs we work with generally start around $500,000 and can scale into larger project sizes—subject to underwriting.
Is environmental review required?
Often yes—Phase I and sometimes Phase II environmental work is common on fuel sites. Order early so it does not delay closing.
Can a first-time operator buy a station?
Possible on some SBA change-of-ownership structures when management experience and transition plans support it—subject to underwriting.
Nationwide?
Yes. Expo Lending is Texas-based with nationwide specialty CRE reach, subject to underwriting.
Mon–Fri 9 AM–6 PM Central · Nationwide business-purpose lending
Equal Housing Opportunity. Expo Lending LLC, NMLS #2619446. Aiden Fahimi, Broker | Mortgage Advisor, NMLS #1943973. 1000 Main St, Suite 2300 PMB 1161, Houston, TX 77002. Office (877) 732-4464 · Direct/Text (713) 885-3944. Commercial and business-purpose loan programs, guidelines, amounts, and availability vary by state and underwriting. This is not a commitment to lend. NMLS Consumer Access: nmlsconsumeraccess.org.
