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Review multiple funding options for your business

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Gym and Fitness loans

Small Business Loans

Small Business Loans

Get cash to grow your fitness center or pay everyday expenses.
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Equipment Financing

Equipment Financing

Business funding to purchase new gym equipment.
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How Select Funding Can Help Your Fitness Center

By getting the right funding, you can ensure the success of your store.
We help gym business owners expand to new locations, buy fitness equipment,
pay everyday expenses, and hire skilled trainers and nutritionists.

Expand Your Business

Expand Your Business

Open new fitness centers to serve new markets and grow your business
Buy Gym Equipment

Buy Gym Equipment

Replace worn workout machines with newer models and provide a better experience.
Provide New Services

Provide New Services

Introduce new services such as massage or nutritional services
Hire and Train Skilled Staff

Hire and Train Skilled Staff

Hire more personal trainers and nutritionists to help clients reach their fitness goals.

HEAR FROM OUR CUSTOMERS

Needed financing for my gym. Signed up with Select Funding and had the amount funded in less than a week. Tremendous load off my shoulders. Can’t thank the team enough.
ANA D.
Very flexible. We have used them 4 times now.
HENRY H.
Select Funding is very easy to use - their staff is amazing. If this is what your business needs, I would encourage you to give them a shot.
JUSTIN M.

HOW TO APPLY

Step 1

Complete your application for funding in a few minutes through our online portal or call (866) 639 0404 to speak to one of our funding advisors.

Step 2

Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.

Step 3

Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.

APPLY NOW

BUSINESS FUNDING FOR GYMS AND FITNESS CENTERS

We are passionate about creating opportunities for small business owners like yourself because we believe small businesses are the lifeblood of the community.

24 HOUR FUNDING

24 HOUR FUNDING

We make the business loan process quick and provide funding within 24 hours.
REVENUE BASED FINANCING

REVENUE BASED FINANCING

We look at your sales not profits
UNSECURED LOANS UP TO $500,000

UNSECURED LOANS UP TO $500,000

Get financing without leveraging any of your assets to secure funds.
MATCH WITH THE BEST OFFER ACROSS 25 LENDERS

MATCH WITH THE BEST OFFER ACROSS 25 LENDERS

By working with over 25 lenders we can offer the lowest rates and multiple financing options.
HIRE SKILLED STAFF

HIRE SKILLED STAFF

Bring on new employees based on demand
EXPAND YOUR BUSINESS

EXPAND YOUR BUSINESS

Open gyms in new locations to grow your business

Resources for your Gym or Fitness Center

Learn how to finance your gym business, improve your costs, or grow your business.

Ultimate Guide to Financing Your Gym or Fitness Center

Cash plays a crucial role while managing your gym. That's why it's important to be aware of all the different funding solutions available to you. Read more to find what you need to know about business financing.
Read More

11 Strategies to Grow Your Gym

From expanding to new locations, creating a website to running digital ads, gym owners should always implement new and innovative strategies to grow the company. Read more to learn about 11 strategies that will help you grow your company.​​​​
Read More

7 Steps To Enhance Operations For Your Gym

To maintain a successful and profitable company, it is important to keep operations running smoothly. This blog post will outline 7 steps that you can take to improve your operations and ensure that your business is running as efficiently as possible.
Read More

FAQ

What credit score do you need to apply for small business loans for gyms?

As a part of our minimum requirements, it is advised to have a FICO score of 500.

How can I use the funds?

We usually provide funding to help gym owners buy equipment or finance other business activities such as payroll or rent.

Are there any minimum requirements for gym businesses?

Yes, below are the minimum eligibility requirements:

  • Revenue: $10,000/month in business deposits
  • Time In Business: 6 Months
  • Documents: 3 - Months of Business Bank Statements
  • Minimum FICO Score: 500

How long does the application process take?

The entire application process ​takes a few minutes. You can use your device to complete the online application at your convenience. The online application can be found here.

What kind of documentation do I need to provide to get business loans?

We try to keep the paperwork at a minimum! You need to fill in our secure and quick online application and provide 3 months of business statements as an attachment to the online application.

If my application received lender approval for financing, how and when do I get paid?

From application to funding you can receive the cash you need in as little as two days and receive your equipment loan in as little as three days.

How can I apply for loans?

Step 1: Apply

Complete our online application or contact a loan advisor through (866) 264 - 7007.

Step 2: Qualify

Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.

Step 3: Get Funded

Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.

Is it hard to get small business loans?

Getting a business loan is fast and straightforward with Select Funding. We do not look at your profits but make the financing decision based on your revenue. We require a few documents and a minimal FICO score.

How much income do you need to get loans for my gym and fitness center?

You will need a minimum revenue of $10,000/month in business deposits.

What loan options are available?

We provide working capital loans such as merchant cash advances, lines of credit, and equipment financing to eligible small businesses.