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Financing

WE CAN HELP FINANCE YOU TODAY!

Challenged Credit No Problem

We can finance existing clubs and start-ups with good credit or challenged credit!. We've introduced a new product for existing clubs - CASH ADVANCE. Very simply, you get money now against your future club sales!! It's not a loan, rather a cash advance. The program purchases future revenues at a discount.

Download Lease Application (pdf)

Existing Fitness Center - Owner with Good Credit

  • Clubs in business for three (3+) years
  • All owners with 675+ credit scores
    • Application only required up to $75K with lease application and three (3) months business bank statements.
    • Full document application starting at $75K up to $250K with lease application, bank statements, two (2) years personal tax returns, personal financial statements on all owners with more than fifteen percent (15%) equity.
  • Answer on application within forty-eight (48) hours.
  • Three (3) month payment deferral option.

Existing Fitness Center Owners - Challenged Credit

  • Working capital advances on MC/ Visa purchases.
  • Approvals up to 125% of your club's average monthly MC/ Visa purchases.
  • Approvals from $5K up to $200K.
  • No personal guarantees.
  • Approval not based upon personal credit other than no open bankruptcies, liens and judgements.

Start-up Fitness Centers - Good Credit

  • Clubs in business for less than three (3) years.
  • Applications up to $75K with lease application, business plan including financial protections and owners' resume, two (2) years personal tax returns, personal financial statements on all owners with more than fifteen (15%) equity.
  • Answer on application within forty-eight (48) hours.

Start-up Fitness Centers - Challenged Credit

  • Leases are collateralized by real estate, stock or CD's.
  • Approvals ranging from $50K+.
  • Leases can include fitness equipment and all items required to open your fitness center.

Terms & Conditions

  • Repayment terms ranging from twenty-four (24) months up to sixty (60) months.
  • $1.00 or $101.00 buyout at the end of the repayment term depending upon which state your business is located.
  • Lease payments may be 100% tax deductible.

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or call us at 1.800.231.6652

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