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