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Gym & Fitness Equipment Loans | Business Finance

With new trends and approaches to exercise and keeping fit constantly emerging, personal trainers and work out centres need to stay up to date to retain memberships and patronage. We assist PTs and centre owners with cost-effective funding to upgrade and invest in new exercise machines and systems. Providing sole trader PTs, SMEs and both new and established centres with expert lending services to ensure their services and facilities remain on trend and in demand.

Business Finance Gym & Fitness Equipment Loans | Business Finance
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Best Deals: Compare Interest Rates
Compare Lower Interest Rates on Finance for Gym Fitness Equipment

Interest rates are the core basics to affordable, cost-effective funding. We focus on getting the basics right for clients by sourcing the lowest rates on the market from across our vast coverage of the market. Different credit facilities attract different rates and different rates can be offered to different applicants. Use our current interest rates as a guide for planning and comparison purposes and contact us for an exact quote based on your specifications.

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Disclaimer: The comparison rate displayed is calculated for a loan of $30,000 over 5 years. The results from this calculator should be used as an indication only. Quoted repayments are based on advertised rates and do not include lender fees and charges. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you speak with us so that we can provide you with advice that is tailored to your situation.

17 May

Today's best rate

Finance Equipment From

4.99 % Fixed

* The interest rate is calculated on a secured loan for commercial use, effective 17/05/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.

17 May

Today's best rate

Finance Equipment From

4.99 % Fixed

* The interest rate is calculated on a secured loan for commercial use, effective 17/05/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.

Expert Support Finance Solutions
Support from Experts to Get Targeted Gym Fitness Equipment Finance Outcomes

Those in the personal training and exercise industry know better than most the importance of using professionals to achieve results. Clients look to you for direction and instruction on how to keep fit and build body strength without causing injury and damage. Our professional lending services assist our clients in a similar fashion. Clients look to us to provide funding solutions that will keep their operation fit, productive and profitable.

We operate on a one-to-one basis, assigning individual brokers with expertise in our client’s field to handle their lending requirements. Every stage of the process – identifying the most suitable lender from our selection of more than 80; sourcing quotes; negotiating on rates and conditions; and structuring the package, is addressed to meet the specific needs of our client.

Our brokers are highly trained and extremely sharp when it comes to commercial financials, the latest asset acquisition tax benefits and structuring funding to optimise benefits for clients. We have the experience, the lenders, the credentials, the smart tech and the enthusiasm to ensure our clients achieve their potential with the right machines and facilities.

  • 20+ years of commercial lending experience.
  • Highly trained, sharp and professional brokers.
  • Outcomes optimised to the latest tax rulings.
  • Personalised attention, individually structured outcomes.
  • No referral needed – direct contact, immediate attention.
  • Member FBAA, Licensed Credit Provider.

Find the Perfect Fit: Connect with Suitable Lenders
How to Connect with Suitable Lenders for Gym Fitness Equipment Loans

With a plethora of work centres and trainers available, customers seek out the one that is the right fit for them. The same concept applies to commercial lending. There are many lenders in the sector -banks, finance companies and other non-bank lenders, and those requiring funding need to the find the one that is best suited to their needs.

We handle that through our accreditations with more than 80 lenders. But we don’t leave it to clients to have to sort through the options. We know which lenders will best suit individual operating set-ups and credit profiles and we approach them on behalf of our clients.

Sole traders, new ventures, well-established companies – they all have varying funding requirements and we have lenders to suit each profile. Connecting with the most suitable lender can be critical to achieving lower interest rates and more flexible funding arrangements to propel the operation to achieve their goals.

  • Accredited with 80+ Lenders.
  • Lenders suited to all set-ups, sizes and stages of fitness operations.
  • Connect with lenders for lower interest rates, more flexible outcomes.
Finding the Right Lenders for Gym Fitness Equipment Loans

Flexible Financing for Your Fitness Goals
Types of Facilities for Financing Gym Fitness Equipment Acquisitions

The purchase of machines and systems for a work out operation falls under the category of asset acquisition funding. There are four main product types available and the selection is dependent on the accounting methods and strategies used by the operation, approach to taxation and balance sheet, working life of the machines and overall objectives. Operators are advised to discuss the options with their accountant so our brokers can source the right solution.

With all options we source fixed interest rates and fixed terms to ensure fixed repayments over the full funding period. A balloon, residual or buyback option is included with each product.

  • Chattel Mortgage Finance for Gym Fitness Equipment
  • Gym Fitness Equipment Lease
  • CHP – Commercial Hire Purchase for Gym Fitness Equipment
  • Rent-to-Own Loan for Gym Fitness Equipment
  • Fixed rates, terms, repayments
  • Balloon, residual, buyback options
Various Facilities for Financing Gym Fitness Equipment Purchases

Achieve Your Fitness Business Goals: Tailored Solutions for New Ventures
Get Solutions for New, Sole Trader & Without Financials Loans for Gym Fitness Equipment

With the popularity of work out services there are many PTs and exercise professionals starting their own ventures. It may be as a sole trader or setting up a new centre. Many will require funding to acquire the machines and systems to meet customer expectations. That is where hurdles can be faced – meeting the criteria for commercial lending as required by many banks and lenders.

The issue may be not having all the financials and documentation, not having traded for the minimum timeframe or turnover below the lender’s threshold for approval. We overcome those hurdles with access to lenders that do approve these types of applications and with affordable solutions.

  • Access to lenders for Low Doc and No Doc Gym Fitness Equipment Loans
  • Without Financials Loans for Gym Fitness Equipment
  • Sole Trader Gym Fitness Equipment Finance
  • Loans for Gym Fitness Equipment for SMEs & Self-employed Trainers
Finance Gym Equipment for New and Sole Traders Without Financials
Finance Gym Fitness Equipment for a Variety of Machines and Systems

Elevate Your Fitness Business with a Wide Range of Machines & Systems
Gym Fitness Equipment Finance for Many Types of Machines & Systems

Funding can be sourced for a wide range of the machines, apparatus and systems required by PTs and work out centres. Where the amount required for individual machines is below the lender threshold for approval, our brokers work to including multiple machines in the one package. The packaging approach may also offer a more workable solution for centre operators seeking to fund a new set-up.

  • Finance for cardio machines – treadmills, elliptical trainers, cross trainers, rowing machines, stair climbers.
  • Loans for workout stations, racks and benches, squat racks, weight centres, cable machines.
  • Loans for all types of exercise bikes – spin, recumbent, smart, stationary.
  • Financing technology systems for smart exercise equipment installations.

Get Your Gym Up and Running in No Time with Fast Approval
Get Fast Gym Fitness Equipment Loan Approval

If you have clients ready to train, have a lease signed for new premises or just eager to start working your new venture, we assist with fast application approvals.

Get Approved Swiftly for Gym Fitness Equipment Finances

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FAQs
Gym Fitness Equipment Loans

When acquiring assets, operators have a choice of leasing, rent to own, CHP and Chattel Mortgage. Deciding which is the most suitable option depends on accounting measures and other aspects. It is recommended that operators discuss this with their accountant.

The interest rate is different for leasing, rent to own, CHP and Chattel Mortgage and can be different for different applicants. Lenders assess individual applications in regard to credit rating and other aspects when preparing funding offers. The rates displayed by lenders are typically their lowest current rates for new goods and for applicants that have a good credit rating.

Sole traders may need to seek lenders that offer low doc no doc and sole trader funding options as not all banks and lenders offer these options. Using a broker may assist in identifying the right lender.

Where applicants do not have all the documentation to meet lender approval criteria, they can seek low doc and no doc options. These are provided by some lenders and may be sourced by using the services of a broker.

All commercial funding options include tax benefits but they vary. Chattel Mortgage and CHP provide a deduction through depreciation of the machines. Rent to Own and Leasing have tax deductible repayments.

Where a number of assets are required to be included in the one funding arrangement, applicants would need to discuss this with the lender. Some lenders will provide packaging options.

Yes. Provided the funding amount is within lender thresholds, weights racks, benches and other work out apparatus may be purchased with commercial funding products.

Yes. IT including software and hardware may be purchased with commercial lending products. Where a lender does not consider the goods as assets for security for Leasing or Chattel Mortgage, secured or unsecured commercial credit may be considered.

No. Where commercial funding is secured with a fixed interest rate, the rate remains the same and unchanged over the full funding term.

The balloon, residual or buyback is the amount set aside for payment at the end of a funding term for the borrower to have full ownership of the goods. Balloon relates to Chattel Mortgage and CHP, residual to Leasing and buyback to Rent to Own.

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Our Lenders

Trusted by 60+ lenders Australia-wide

Westpac
Liberty
Automotive Financial Services
Macquarie
Finance One
Commonwealth Bank
Pepper Money
Morris
National Australia Bank
RACV
Get Capital
Prospa
Grow
Selfco Leasing
Scottish Pacific