Ready To Move Your Business Forward?
Types of Gym and Fitness Business Loans
Small Business Loans
Get the cash you need for everyday costs, materials, payroll and more.
$5,000 to $500,000
Equipment Financing
and Leasing
Purchase or lease equipment for your gym business.
Up to $150,000
How Gym and Fitness Center Loans Can Help You
The costs of running a successful gym are high. You’ve got expensive workout equipment to maintain, employees to pay and costs like insurance to consider. While you work to help your gym members reach their fitness goals, a business loan for a gym works to help you improve your business’ financial health.
Bring on New Employees
- Hire more personal trainers, nutritionists and other staff members to help your clients reach their goals
- As you grow, you’ll need more staff to run the front desk, clean equipment and manage member information
Upgrade Gym Equipment
- Replace outdated and worn workout machines with newer models
- Add entertainment equipment such as TVs or sound systems
Cover Insurance Costs
- Pay for worker’s compensation insurance in case one of your employees is injured while on the job
- Cover the cost of premises liability coverage to help protect your business if a member is hurt while working out at your gym
Provide New Services or Products
- Use gym business financing to introduce a new service such as massage therapy or nutritional services
- Open an equipment store for workout gear or install a juice bar for healthy snacking after workouts
How to Apply
How do small business loans for gyms work? Applying for a gym or fitness center industry loan has never been easier.
"The National Funding team is very understanding and accommodating, while being supportive of business needs”
- Lifespan and Wellness, LLC
Why National Funding?
Securing a loan for gym business needs is easy with the help of National Funding. Let our loan specialists get to know you and your gym to create a solution tailored to your needs. Whether you need funds quickly for immediate expenses or are looking to cover costs over the slow season, we’ll help you get the gym business financing you need.
We Know Gym and Fitness Center Businesses
Experience supporting gym business ownersTrusted by Businesses Like Yours
Over $3 billion in funding to more than 50,000 businesses nationwidePersonalized Experience
Lending solutions and payment options tailored to your specific needsFast & Easy Application Process
No-cost, no-obligation application with funding in as few as 24 hours1Loan Specialists Who Care
Experienced Loan Specialists help you make the right decisionWorry-Free Lending
No collateral requirements, plus simple, automatic paymentsGym and Fitness Business Resources
Running a gym or fitness center takes a lot of time and effort. Many fitness facilities open early and close late to give members a chance to get their workouts in around their schedules. If you’re a gym or fitness center owner, you may not have time to research information on taxes, business growth or small business loans for gyms. Use these resources to help you learn more about managing your business finances.

Payroll Software for Gyms and Fitness Centers
Your employees are a vital part of your gym’s success. Pleasant, friendly employees make members feel welcome and keep them coming back. One of the most important aspects of managing your gym employees is making sure they’re paid on time. Use this resource to learn more about different payroll software that is available.

4 Ways to Maintain Cash Flow During the Slow Season
Gyms and fitness centers tend to see defined growth around the start of the year and just before summer hits. The rest of the year can be slow for gyms. Luckily, you can plan ahead for the slow season with these four steps.

3 Technologies Gym Owners Should Embrace
Technology can be a great way to help grow your gym or fitness center. Consider posting ads on Facebook offering discounts for new members. Alternatively, you can show off new fitness equipment in a live video. Use these and other technology tips to take your business to the next level.
Ratings & Reviews
We are very proud of what our customers are saying on TrustPilot.
Disclosures
Legal Disclosures
True to our mission, we encourage you to read the following policies and learn how they affect you as a client.
(1) 24 hours:
Fast approvals and 24 hour funding subject to receipt of required documentation, underwriting guidelines, and processing time by your bank. Funds are deposited into your business checking account as soon as the next business day after approval and acceptance of terms.
(2) Early payoff discounts:
National Funding offers special opportunities for its customers to terminate contracts early and receive a discount in the process. Equipment Finance customers who pay off the total remaining balance early, at any point during the contract, will automatically receive a 6% discount off the total remaining balance. Working Capital customers who pay off the total remaining balance in full within the first 100 days of the contract will automatically receive a 7% discount off the total remaining balance. We do not currently offer a discount on our lease contracts. Customers must pay off the balance in full, be current, and in good standing to take advantage of the discount within the time parameters.
(3) Automatic payments:
Loan payments are withdrawn via Automatic Clearing House (ACH) Monday through Friday excluding bank holidays.
(4) Wide variety of payment options:
- Equipment Financing: payments are remitted monthly with terms of 2-5 years
- Working Capital Loan: payments can be remitted daily or weekly with terms of 4 months up to 24 months
(5) Potential Tax Savings:
The Section 179 Tax Deduction allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. Meaning, if you buy (or lease) a piece of qualifying equipment, you can deduct 100% of the purchase price from your gross income. You can secure the equipment, tools, and technology you need, while also taking advantage of significant tax deductions - up to $1,000,000. Consult your tax professional for more details.
(6) Guaranteed lowest payment:
Pursuant to the terms and conditions specified in these Rules and Restrictions of the Guaranteed Lowest Payment, National Funding guarantees to provide the lowest payment on equipment leased through National Funding, for lease terms from 24 to 60 months, or to pay $1000 towards qualifying executed leases. Lease payment comparisons must be based on a lease in excess of $10,000, for approved equipment, and with the same terms and conditions as those offered by National Funding within seven days that the National Funding terms are issued. To be eligible, customers must provide a competitive lease quote without contingencies, and vendor invoice, and in the name of the lessee within seven calendar days of the date National Funding issues its terms. Guarantee only valid on competitive equipment leases. Equipment finance agreements do not qualify.
In the event that the monthly lease payment amount from the competing lease company or bank is lower than the monthly payment that is being offered by National Funding for the same equipment and pursuant to the same terms, National Funding will verify the validity and accuracy of the competing leasing company’s or bank’s payment options, terms and the vendor quote. National Funding has the option, in its sole discretion, to either beat the competing leasing company’s or bank’s monthly payment rate, or pay $1000 to the lessee. The lessee must provide National Funding with the competing company’s or bank’s signed lease agreement with payment terms/options, and take delivery of the equipment. Payments will be made within 30 days, and lessee is responsible for any taxes.
The Guaranteed Lowest Payment is available to both new and established customers of National Funding. This offer is valid for new lease applications only. The Guaranteed Lowest Payment is not retroactive — a previously funded equipment lease with National Funding is not eligible for the Guaranteed Lowest Payment. Only non-contingent offers of lease terms and payment are eligible. Offers made to lessee that include subsidization by manufacturers and/or vendors will not be considered in comparing competing offers.
The Guaranteed Lowest Payment may be discontinued at any time without notice.
To participate in the Guaranteed Lowest Payment program, if you have a lease agreement and vendor quote which you believe will qualify for the program, contact your National Funding Lease Manager.
(7) Terms and Conditions apply:
This is not a guaranteed offer of credit. Loans subject to lender approval. Approval amount is based on eligibility determined by information obtained from Dun & Bradstreet. Actual eligibility may vary. Restrictions may apply. Application is subject to approval by the lender and is based on factors such as business type, time in business, annual sales, average bank balances, personal credit and other variables deemed relevant by the lender.