Use Bankroll to get a low rate and flexible terms on your gym or fitness center business loan.
GYM AND FITNESS
Running a gym or fitness center business comes with it’s share of unique challenges.
The overhead of running a successful gym is high. You have to maintain high-cost equipment, pay for employees and other costs like insurance.
While working to help your members reach their fitness goals, a small business loan may help improve your business’ financial health.
Use a small business loan to hire more personal trainers, nutritionists and other staff members.
Take advantage of a small business loan to replace outdated machines, TVs or sound systems.
A small business loan can help to manage cash flow during expansion or the slow season.
A small business loan can help protect with worker's compensation insurance and liability coverage.
A gym or fitness center business loan can help to avoid using personal funds for business expenses.
A gym or fitness center business loan can help avoid giving up control of your business to equity partners.
QUALIFICATIONS
How to qualify for a small business loan?
Checking if you qualify for a small business loan takes a few minutes and won’t affect your credit score.
Our goal is to secure the most competitive rate and repayment terms for your small business loan.
| Credit Score | At least 560 |
|---|---|
| Time in Business | At least 6 months |
| Revenue | No minimum |
| Collateral | Not required |
| Citizenship | Proof of legal residency OK |
Our team has over a decade of experience providing over $2 billion in funding to over 10,000 small businesses.
We value our clients and believe in long-term relationships. This is why 82% of our clients return for additional funding.
We leverage technology to create a transparent, simple and efficient process to get you the best small business loan.
As your dedicated loan specialist, I will get to know you and your business in order to secure the most competitive small business loan. You can reach me directly via phone, text or email during normal business hours.
Funds can be transferred in as fast as 24 hours for working capital and equipment financing. For SBA loans, please allow 2-4 weeks for processing.
Rates for small business loans start as low as 4% for a secured small business loan.
To qualify your for a small business loan, we run a soft credit pull. A soft credit pull will not affect your credit score.
We need your business tax ID and social security number for identification purposes. For working capital, we will need your recent 3 months business bank statements.
Yes. We utilize 256-bit bank grade encryption technology to ensure that your financial data is safe and secure.
Still have questions? Get in touch