Equipment Financing vs Bank Loan vs Cash: An Honest Comparison
The equipment package for a 2,000 square foot gym runs $74,000 to $98,000. Few first-time owners write that check from savings, and some who could probably should not. Strip away the sales language around gym equipment financing options and you are choosing between three paths: pay cash, finance the equipment itself, or fold the equipment […]
SBA Loans for Gyms: How to Qualify and Apply
Opening a gym on an SBA loan is not a shortcut. The process takes longer than a standard equipment loan, requires more documentation than most first-time applicants expect, and demands a business plan that can survive an underwriter’s scrutiny. What you get in return is access to loan amounts that conventional lenders won’t touch for […]
Gym Equipment Leasing vs Buying: Total Cost of Ownership
A lease almost always has the lower monthly payment. Over five years it often costs more. Put a lease on the wrong equipment for the wrong term and you can end up paying 20% to 40% more than an outright purchase. Neither structure wins every time. Which one fits depends on the type of equipment, […]
Gym Equipment Financing: How to Fund Your Build-Out
Money runs out faster than members show up. That’s the pattern we see most often with first-time gym owners: the equipment gets bought with cash, the doors open, and by month two the account that was supposed to cover rent is half empty while membership is still crawling toward break-even. Financing the equipment is how […]