Gym Finance

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Fuel your gym business

With gym memberships up 3.9% since 2022 and the market value at its highest, now is the perfect time to boost your business and maximise your profits as an SME in this industry. We understand that kitting out your gym with top equipment and keeping it in good condition is crucial to making your gym a success. That's why gym equipment finance could be the ideal solution for you.

A cash injection is the perfect solution for covering all of these costs, as well as hiring new trainers and executing marketing campaigns to gain more customers. At Fleximize, we provide gym finance to SMEs just like you.

As a gym owner, the best thing is that you don’t even need to break a sweat when applying for a gym loan with us — it’s so simple and takes under 5 minutes to complete! Keep reading to discover more about our gym finance, what it can be used for, and our eligibility criteria.

Our business loans for your gym

We recognise that you must keep up with your competitors and customer demands in addition to running your gym. Rent, utility bills, insurance, and salaries are all overheads that can affect your cash flow. This is why we’ve built our loan packages so that they are fast and flexible, and can be tailored to your gym needs.

With our Flexiloan Lite, we can help finance smaller, upfront investments by providing you with a loan for gym equipment. Alternatively, our standard Flexiloan, with terms of up to 60 months, is the perfect finance solution for investing in longer-term plans like growth. Take a look at the key features of our gym loans below:

• Unsecured loans from £5,000 – £250,000
• Secured loans up to £500,000
• Loan terms ranging from 3 – 60 months
• Approval and deposit in as little as 24 hours
• No hidden fees or early repayment penalties
• Competitive interest rates starting from 0.9% per month
• Interest is charged on a reducing balance
• Repayment holidays and loan top-ups
• Access to exclusive discounts on business tools

Whatever your requirements, our team can tailor a gym loan package to suit your business.

How can use my gym business loan?

Businesses like yours have used our gym loans in a number of ways to help them grow. Offering a wide range of equipment is a great way to attract different types of customers to your gym and have state-of-the-art workout studios. There’s no need to hold your business back from upgrading equipment or facilities because you don’t have the capital. With our gym finance, SMEs like you can get the cash injection you need to maximise profits and unlock your growth potential.

Have you considered additional extras you could offer your members? Perhaps you’ve noticed that your customers always bring in juices and vitamin-packed drinks. With gym finance, you could use this opportunity to add a juice bar to your reception, which will fulfil your customers' needs and generate an extra stream of revenue.

Your gym business loan could be used to hire specialists, which will, in turn, create another source of income. From personal trainers to nutritionists, having a wide knowledge base within your team can attract new customers and retain existing ones.

Gym finance is also a great base for developing a marketing campaign and showcasing what your gym has to offer. Our gym loans have also been used to:

• Expand existing premises
• Open a new site
• Purchase health and safety supplies
• Consolidate commercial debt
• Acquire a franchise

How to get a business loan as a gym

Securing a gym business loan from traditional lenders can be difficult for SMEs, particularly if you don’t have a consistent trading or credit history. For this reason, we take the unique circumstances of every business into account and try to say “yes” to as many businesses as possible. We look to fund gym businesses like you who:

• Are UK-based with at least one director living in the UK.
• Have 6 months' trading history or more with a minimum monthly turnover of £5,000.

Businesses based in England or Wales can apply for up to £500,000 on an unsecured or secured basis. If you're based in Scotland or Northern Ireland, we can offer an unsecured loan of up to £250,000.

If you're a non-homeowner but you've been trading for 36 months or more, you can apply for up to £20,000.

For sole traders or non-limited partnerships, you can apply for a minimum of £25,000 if you have fewer than four partners.

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How much will my gym loan cost?

We provide gym loans with interest rates starting from 0.9% per month with no hidden fees. Our Penalty-Free Promise means you can save on interest by making overpayments or settling early without any extra charges.

Check out our business loan calculator to estimate the monthly payments of your gym loan, including the potential savings if you settle early. If you’d like a quote tailored to your business, call 020 7100 0110, and a friendly member of our team will be happy to help.

Loved by our customers

Gym finance with Fleximize

When it comes to financing your business, it’s important to find a lender you can trust. There are many reasons why we are the ideal funding partner for your small gym business, including the fact we are:

• Flexible: We provide fast, flexible gym finance to fit your business needs. We also offer top-ups and repayment holidays, meaning our gym loans can be adjusted with your business’ growth. Our Penalty-Free Promise ensures you won’t face extra fees for repaying early.
• Hassle-free: Our online application process allows you to apply for gym finance in just a few minutes and receive a lending decision in just 24 hours.
• Personal: Our team will work with you to assemble a gym loan package that’s best for your business. You’ll be assigned a dedicated relationship manager, and this same point of contact will welcome you back if you return for more funding in the future.
• Highly recommended: Our glowing reviews and ‘Excellent’ Trustpilot rating, as well as our recent awards, show how much we value our customers and how much they love our products.