Fitness Club Business Loan

Fitness Club Business Loan

As the owner of a fitness club business, you understand that growing a health conscious clientele requires a number of strategic investments. Ensuring you have the right facility, equipment, and staff is necessary, but not necessarily cheap. Learn how getting access to capital can help you set yourself up for success.

Fitness Club Business Loan

Operating a fitness club in Canada comes with its own set of difficulties. There are a variety of expenditures associated with running a business of this sort, including equipment, staffing, a facility, and other expenses. Luckily, there are fitness club business loans designed to help dedicated entrepreneurs thrive in the industry. 

There are numerous things to keep track of as a small business owner of a fitness club. Having the access to funding to meet cash flow requirements is critical. Whether it be to stay on top of payroll, hire new personnel, fix or replace equipment, or keep up with the busy season, we have capital solutions suited to your individual needs. 

Our application process is quick and easy, removing the noise of endless wait times and heavy paperwork, and allowing you to get the funds you need, when you need them. We understand the difficulties associated with obtaining funding for a small business, and we want to be the partner that helps you to get the capital to operate your fitness club to the most successful extent.

How can a fitness club business loan help me?


Running a top-notch fitness club requires that you have a facility stocked with the necessary equipment. You can’t expect customers to visit if you don’t have the proper training equipment such as dumbbells, weight plates, treadmills, stationary bicycles, elliptical machines, etc. 


Operating a fitness club requires significant work that you won’t want to take on all alone. Use a fitness club business loan to hire new employees and enable you to fulfill your payroll commitments while freeing up operating capital for initiatives and potential growth prospects.

Legal costs

Legal fees are one of the most significant costs of running a gym/fitness club. Any gym or fitness club needs licensing and contracts with each member. And of course, on-site injuries can result in major and unexpected costs.

Interesting facts about the fitness club industry in Canada

  • According to a RunRepeat report in October, in Canada, there are 6,587 gyms with over 6.18 million members. Approximately 16.67 percent of Canadians are gym members.
  • The industries hit the hardest by the pandemic were the gym, health club, and boutique fitness studio industries. They declined up to 58.30 per cent in the first year of the pandemic. In 2021, they are projected to still be down 22.5 percent from their pre-pandemic revenue levels in 2019.

How it works


Apply in 3 simple steps and
get pre-approved instantly

Our all-digital credit application process is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. We ask you to securely connect your online banking information. And as soon as you're done, we'll tell you exactly how much you can borrow - all without hurting your credit score.


Draw what you need, when you need it

When your application is complete, you'll know exactly how much you can borrow, but only you know how much you actually need right now. Make individual draws from within your overall business loan limit, each with their own fixed fees and terms. All pricing is up front, with nothing hidden in the small print.


Use our support for whatever you need

Choose the repayment schedule that makes sense for your business—from daily, or weekly payments, or pay early to save on interest. Borrow from $5,000 to $300,000 on 3, 4, 6, 9, 12, 18 or 24 month terms, with absolutely no hidden fees.

See if Your business qualifies

Qualification is simple.
No heavy paperwork.

If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.

Your business is based in Canada

Your average monthly revenue is at least $3,000

You have been operating for at least 3 months with a dedicated business bank account

What do you need right now?

Every day brings a different challenge and a different opportunity. At Thinking Capital, we're here with the funds you need when you need them, whether that's to seize the moment, to face down business calamities, or to bet on yourself as you take your business to the next level.

Funding the unexpected

Funding the unexpected

Truck broke down? Receivables late? Product stuck on a ship somewhere?

When the unexpected happens (and it will), we’ve got you.
Marketing Funding

Marketing Funding

Got a great product but need to get the word out?

A business can’t grow without putting itself out there. We help you line up your brand, marketing, and ad spend to make that big public splash.
Funding New Projects

Funding New Projects

New products? Channels? Seize-the-moment growth opportunities?

Whether it’s expanding to new locations, audiences, or product lines, we help you invest in growing your business.

We've got you

We're here to make life easier for Canadian small to medium businesses like yours. How can we help you today?