Apply Online in Minutes
Enter basic business information on our 100% online application.
Fitness Center Financing and Loans.
Keep your fitness center or gym in tip-top shape.
Fitness center loans.
Seasonal fluctuations in membership sales or unexpected expenses can impact your fitness center or gym's financial stability. A business loan can help you manage cash flow effectively during lean periods or unforeseen circumstances. You can use the loan for many daily business expenses. These include rent, labor (payroll for your fitness trainers and support staff), facility renovations and upgrades, marketing, and business insurance.
A Huddle Business Capital specialist will help you navigate the different loan options and select the one that best suits your unique situation and objectives.
- Working capital loans from $5,000 to $4 million
- Collateralized working capital loans from $20,000 to $250,000
- Business term loans from $25,000 to $500,000
Fitness equipment financing.
Having top-quality equipment at your fitness center or gym is crucial for providing an optimal workout experience for members. Modern, fully functional equipment enhances the effectiveness of workouts and ensures users' safety and comfort. Treadmills, stationary bikes, indoor rowing machines, leg curl machines, and chest press machines, to name a few, are expensive and require a sizeable investment.
Consider fitness equipment financing to preserve your fitness center or gym's capital. With this option, you get funding to finance equipment, and you repay what you borrow with monthly payments over a convenient term.
- Application-only up to $300,000
- 12-72 month repayment terms
- Fixed-rate throughout term
- Up to 100% financing
Fitness equipment leasing.
Fitness equipment leasing is worth considering if you want to avoid making a big one-time cash purchase or lack sufficient capital. Here's how it works: You start by applying online with basic information about you and your fitness center. Then, we will review your information and contact you with a credit decision.
If your lease application is approved, funding will be provided to the fitness equipment vendor from which you are leasing the equipment. You will then make predictable monthly lease payments over a term that works best for you.
- Application-only up to $300,000
- 12-72 month repayment terms
- Fixed-rate throughout term
- Up to 100% financing
Business line of credit for fitness centers.
There may be a time when you need immediate access to funding for your fitness center or gym to cover expenses, fill cash-flow gaps, or pursue a short-term business opportunity. A revolving business line of credit can help you do this.
With this easy, flexible option, you can draw funds from a set amount whenever they are needed using your fitness center or gym's business checking account. You will then repay what you borrow with a manageable interest rate.
- $20,000 to $250,000 credit lines
- Repay daily, weekly, or monthly
- Only repay what you draw, plus interest
