Specialist

Business Loan For Gym

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Business loan for gym

Clifton private finance

We specialise in sourcing business loans 

As a specialist finance broker, we provide high quality business loan solutions for our clients.
  • Flexible finance solutions for gym owners
  • Business loans from £25,000 to £25 Million
  • Finance for working capital, improving technology, buying and upgrading gym equipment, gym premises refurbishment, merchant cash advances
  • Minimum trading history of 12 months
  • For pay-as-you-go gyms option for cash advanced against card transactions (minimum turnover of £10,000+ card transactions per month)
  • Fast track application and funds depending on your requirements can be made available within 48 hours
We pride ourselves on providing excellent service responsive to your needs.
Call us on 0203 880 8890 to discuss your requirements.
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Business Loans Service

Why Choose Us?

Our business loan service for gym owners provides:

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Types of Business Loan We Can Source for Gyms

Business loans for:

Next Steps

As a specialist property finance broker, Clifton Private Finance can provide a clear picture of the options available to you. We will assess your specific set of circumstances and arrange a finance solution tailored to your needs.

The health and fitness industry has grown substantially in recent years, which has led to an increase in gyms opening all around the UK.

It may be an expensive venture to run a gym with various outgoings such as the cost of the premises, the salaries of your personal trainers if you employ them, repairing the equipment or even purchasing new state of the art gym equipment.

Forecasting every expense your gym is likely to incur is impossible. When you need funding in a short space of time, you may need business loan funding.

Traditional Lenders

When time is tight, it might not be your best option to apply for the finance you need from a traditional lender. Traditional lenders’ applications can take up to several weeks or even months to process; a delay of this kind may put your gym in further financial difficulty.

Typically, traditional lenders will not provide a business loan without:

It could be inconvenient and time-wasting to locate all the documents listed above, especially if your application is rejected.

Specialist business lenders

You could approach a specialist business finance lender if you need a business loan quickly. A private lender’s application process is often faster than an application with a traditional lender. This is because private lenders do not require a long list of documents in relation to your gym; instead, private lenders often prioritise your ability to repay the loan.

Merchant cash advances for gyms

Fitness centres require extensive upkeep to operate.

You'll want to ensure your centre has the latest equipment available to provide your clients with the highest quality services.

One aspect of this is replacing outdated equipment with more modern items that could be more effective and popular with your customers.

In addition, you will need to restock your equipment and ensure that you can maintain all your items properly. It can also be costly to keep your employees around.

Maintaining your business requires a sufficient amount of funds. Here's where merchant cash advances can help. Getting a business cash advance gives you access to the money you need to run your business.

You can use a merchant cash advance to pay for your business's needs.

It is possible to repay the money using a percentage of your daily debit and credit card receipts. With a cash advance provider, you are selling the future card machine revenue you will generate to an advance provider who will give you the funds you need now.

It's easier to apply for than a traditional business loan, and it gives you money sooner. 

If you need a business loan call us on 0203 880 8890 or complete our contact form above.
 
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Get in Touch

If you have any questions about our services or want to start making things happen please contact us