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Fitness & Gyms

Business Loans for Fitness & Gyms

Finance your gym, fitness studio, or personal training business with loans for equipment, fitout, and working capital. Solutions for the health and fitness industry.

Loans from $5K to $500K, over 12 to 60 months, depending on the lender and the security.

Fitness & Gyms business loans at a glance
  • Loan amounts from $5K to $500K
  • Terms from 12 to 60 months
  • Secured and unsecured options, matched to the security you have
  • A licensed broker who compares lenders for fitness & gyms
  • No obligation to proceed with any offer

Common financing needs: Fitness & Gyms

The things businesses in this sector most often finance:

Gym equipment purchases
Studio fitout and renovation
Franchise fees and establishment
Marketing and member acquisition
Technology and booking systems

Fitness & Gyms business loan features

Loans from $5,000 to $500,000
Gym equipment finance
Fitout and renovation funding
Franchise establishment finance
Membership revenue-based lending

How businesses in this sector use finance

Equip Your Gym

Finance cardio machines, weight equipment, functional training rigs, and accessories to create a premium fitness experience.

Build Your Space

Fund complete gym and studio fit-outs including flooring, mirrors, sound systems, and climate control to attract and retain members.

Grow Membership

Access marketing capital to invest in member acquisition campaigns, social media, and local advertising to fill your gym.

Upgrade Equipment

Keep your equipment current with lease and finance options that allow regular upgrades to the latest fitness technology.

Lending challenges for this sector

Lenders that specialise in the sector can work with situations like these, which is where a broker's knowledge of each lender's appetite matters:

Member retention and seasonal membership fluctuations
High fitout costs for new gym openings
Competition from budget and boutique operators

How to get a business loan for fitness & gyms

1

Tell us your needs

Share what the finance is for, how much you need and how long you have been trading.

2

A broker compares lenders

A licensed business finance broker compares lenders on their panel for fitness & gyms.

3

Compare your options

Review the offers and choose the one that fits.

4

Settlement

The lender settles the loan and releases the funds.

Fitness & Gyms business loan FAQs

Can I get a loan to open a new gym?
Yes. Lenders finance the costs of opening a gym including fitout, equipment, signage, and initial marketing. Lenders will assess your industry experience, business plan, location lease, and financial position before approval.
What gym equipment can be financed?
All commercial gym equipment qualifies including treadmills, bikes, rowers, weight machines, free weights, functional rigs, group fitness equipment, flooring, and technology systems. New and quality used equipment can be financed.
How do lenders view fitness businesses?
Lenders assess membership numbers, recurring revenue from direct debits, location quality, lease terms, equipment value, and your experience. Established gyms with stable membership bases and strong direct debit income are viewed favourably.
Can I finance a gym franchise?
Yes. Gym franchise finance covers the franchise fee, fitout, equipment, and working capital. Well-known franchise brands often have established lending programs that can streamline the approval process.
What if my gym is seasonal?
Many gyms experience seasonal membership fluctuations. Lenders can structure repayments to account for this, with higher payments during peak membership periods and lower payments during quieter months.

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a secured loan of $150,000 over 25 years for home loans, a loan of $30,000 over 5 years for car and personal loans, and $50,000 over 5 years for equipment finance, unless the lender states another basis.

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