Convenience Store Loans

Convenience store loans are divided between having a gasoline component versus no gas.  In most cases, a convenience that sells gasoline will be classified as a gas station loan and borrowers should seek financing under that category.  Loans for convenience stores range widely based on their location, traffic count, historical financial performance and borrower experience. 

C-Store Loans

In general, borrowers have three options for their c-store loan.  Conventional commercial real estate loans, SBA and CMBS loans.  SBA loans will provide the highest level of financing and some of the longest fixed rates for this building type.  For example 85% loan to cost financing is common for convenience stores.  Fixed rates can be for as long as 10 years. 

CMBS loans also have some very strong options, like 80% financing and rates fixed for up to 30 years.  However, due to the subprime mess many of these options have become limited. 

Conventional financing will normally provide the best rates of the borrower, however the fixed period will normally only be fixed for only five years with shorter amortization periods of 15 to 20 years.      

We have multiple sources and loan programs for your c-store loan.  Get approved now by filling out our commercial loan application on your convenience store loan.