Financing for gyms and fitness centers
A gym lives on proximity: members choose the one on their way home. We help you explore capital for equipment and remodeling, or financing to buy the space where your community trains.
GROW™ — capital for your next stage
GROW™: up to $350,000, up to 10-year terms, no prepayment penalty and no specific personal collateral required.
What owners typically invest in
- Cardio and strength equipment
- Locker room and flooring remodels
- Access systems and membership software
- Local marketing and sign-up campaigns
- Opening a second location
OWN™ — buy the building where you operate
Reinforced floors, locker rooms, ventilation and electrical capacity are expensive build-outs that stay with the building. Moving even a few blocks can cost you members who joined for convenience. Owning the space protects that base and fixes your monthly cost.
What lenders typically review
Lenders usually review how long the business has operated, its cash flow, the owners’ credit and active memberships and retention. For GROW™, reference guidelines include three or more years in operation, a personal FICO of 650 or above, a minimum SBSS score of 165, personal and business debts current, repayment capacity with a minimum DSCR of 1.25x and no bankruptcy in the last seven years. GROW™ does not require specific personal collateral, though limited business collateral requirements may apply. To buy the property through OWN™, your business must occupy most of the building.
SBA lending: Fitness centers
Public SBA data on loans approved by participating lenders.
- approved SBA loans
- 8,149
- median approved amount
- $290,000
- 7(a) / 504
- 7,485 / 664
States with the most loans
- Texas823
- California810
- Florida617
- New York392
- Ohio350
Source: SBA public 7(a) and 504 loan data, FY2020–FY2026 (through June 30, 2026). CapitalBUENO was not necessarily involved in these loans.
Frequently asked questions
Can I finance equipment without pledging my home?
GROW\u2122 does not require a lien on specific personal assets. Limited business collateral requirements may apply.
Can it fund a second location?
Yes, expansion is a contemplated use. The final amount depends on your cash flow and lender approval.
Can I buy the space I rent?
In many cases, yes, if your gym occupies most of the property. Requirements depend on the program and lender.
How long does the process take?
GROW\u2122 follows a fast-track funding process; timing depends on a complete file and lender approval.
Related uses of capital
Every rent payment builds your landlord's equity. With owner-occupied SBA financing, you can buy the building you rent today and turn that monthly payment into an asset you own.
Learn more
The right equipment lets you serve more customers, work faster and offer new services. With working capital you can invest in it without draining your operating account.
Learn more
A renovated space attracts customers, improves their experience and helps you work better. With working capital you can make those improvements without slowing down daily operations.
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Find out what your business may qualify for
Answer a few questions and an advisor will review your case, with no obligation.
All financing is subject to approval, financial analysis and lender terms.