Finance Solutions for the Fitness Industry
Gym Equipment Finance
Your Business in Great Shape
Keeping the UK Fit
In the last decade more people sought to improve their health and fitness with a gym membership than at any other time in modern history.
Keeping fit is very important to many people in the UK, especially with technology being a large proportion of many jobs. Sitting down in front of a computer for long periods of the working day has raised awareness of the need to exercise before and after work.
Gyms, health clubs and fitness studios have popped up in places from rural towns to the inner city and even online, to cater for the ever growing market.
The bubble is not set to burst any time soon either, so setting up or expanding your gym is simple to achieve with finance from Coates.
Lease and Finance your Gym Equipment with Coates
Coates Asset Finance can offer your business a range of finance agreements so you can buy the most up-to-date equipment to compete in a booming industry.
Finance to Set Up, Grow and Scale your Fitness Business
Finance for the Commercial Gym Industry
Healthy Profits for a Growing Market
The 2019 State of the UK Fitness Industry Report described the total UK membership of gyms as breaking the 10 million mark, making the industry now worth more than £5 billion for the first time.
As of last year, 1 in 7 of the UK population has a gym membership. We all seem to be keen to keep fit and healthy, whether we use that membership or not!
Sustain and Grow Your Business in a Booming Market
Starting a business and competing in an industry that is already immense and successful may seem intimidating. The cost of buying even a small amount of machinery to set you up as a personal trainer or gym owner may seem beyond your capabilities but commercial gym equipment finance is easier to obtain than you think.
Building a health club franchise is just as possible as setting up a small local gym. Equipment finance and leasing are solutions that could get you up and running in a short amount of time. Refinancing means you can grow your already successful fitness studio to accommodate your growing membership.
A range of finance solutions are at your fingertips with Coates.
We can put weight behind a gym equipment finance agreement, so you can concentrate on setting up, improving and expanding your gym, studio or club.
Reap the Benefits.
Finance Gym Equipment, Expand your Service and Increase Revenue
With the ever-increasing demand and market for personal fitness and health; weight-training gyms, fitness/workout studios and health clubs are everywhere.
Local swimming pools are now being built with more fitness facilities, newly built estates have gyms nearby as part of the construction plans. Even small companies have their own gym as part of, or attached to, their company building.
Partner with Coates and ensure you have the perfect fitness equipment finance arranged for you. We have twenty years of experience in asset finance and understand the pressures of the market.
With asset finance, your working capital, equipment and business will be protected, allowing you to focus on growing and scaling your business.
You too can reap the rewards of fixed-term monthly payments and easy to manage deposits, so you can have the freedom and time to concentrate on supporting your clientele.
Money to train staff, inject cash flow and scale your business
You can use one of the following solutions we arrange for gym and fitness businesses and exercise equipment finance:
- Hire Purchase
- Finance Leasing
- Operating Lease
- Asset Refinance
- Commercial Business Loans
- Secured Business Finance
- Unsecured Business Loans
- Working Capital Loans
Our asset finance experts are here to help you and your gym establish and grow to meet current market demand.
If you’re looking to fund any gym equipment or refit, complete the contact short form to request a call back or call us today for a complete solution that meets your requirements.
List of gym equipment
Here’s a list of the most common appliances you can buy with your gym equipment finance and lease solution:
- Chest press
- Squat rack
- Shoulder press machine
- Free weights
- Adjustable weight benches
- Dumbbells and barbells
- Pec fly machine
- Lat pull-down machine
- Cable crossover machine
- Cable tower machine
- Smith machine
- Leg extension machine
- Leg press machine
- Rowing machine
- Running Machine
- Elliptical trainer
- Exercise bike
We offer personalised funding Solutions
Financing and Leasing Solutions for Gym and Fitness Studios
Hire purchase allows you to obtain the Gym equipment your business needs and pay for it in increments over a negotiated period.
At the end of the agreed-upon time, you will be offered the option to purchase the asset.
A finance lease works like a loan agreement that allows you to acquire the gym equipment your business needs without having to buy them outright.
Coates arranges for a funder to purchase the assets your business needs for you and lease them back to you over a negotiated time period.
An operating lease is an agreement that allows your business to use and operate equipment and machinery without committing to ownership.
The agreed-upon rental term of an operating lease is typically shorter than the life of the asset.
Asset Refinance is an ideal solution for your business if you already have an existing gym and want to expand.
Also known as a sale and leaseback agreement, this finance solution allows your company to sell existing assets in return for working capital.
This enables you to still use your assets by leasing them back from us whilst freeing up cash for other purposes.
Secured commercial loan
A secured business or commercial loan is a loan secured against an asset of the borrower, giving them the working capital they need right away.
Unsecured Business Loan
An unsecured business loan allows businesses to obtain essential equipment without collateral.
Your Journey Begins Here
Partner with Coates Finance
Here is What you Need to Get Started
Fast Finance for Your Gym in 3 Easy Steps
Partner with one of the UK’s leading asset finance providers.
Our friendly team of experts are waiting to assist you and your company.
We’ll help you find a solution that meets your needs, and take the hassle out of the decision-making process so you can spend more time on what matters to you most – growing your business.
We have streamlined the application process and made it simple for you to apply for the funding you need.
Complete the short form below and let’s get started today.
Complete the form below and speak to one of our knowledgeable business finance professionals, who will answer your questions and guide you through every step to a solution that works for you.
You can also give us a call if you need immediate answers to your questions. Our friendly experts will happily answer any questions you may have before you begin your application.
Call us on 01904 948008
Lines are open
9:00am – 5:30pm Monday to Friday
(excluding UK bank holidays)
We'll Help you Every Step of the Way
Finance Your Gym or Fitness Centre Today
Follow the simple 3 step process to finance your business today.
Once you have completed the first step, we will arrange a call to answer any more detailed questions you may have and move quickly through steps two and three to get your financial requirements successfully approved.
Complete the Form
Complete the simple form below and apply online for the amount you need to grow your business
Receive Fast Approval
We will process your application and aim to get you approved for your desired amount in 24 – 48 hours
Now you’ve been approved, you can acquire the assets for you require to grow.
Let's Get Started
All you need to do is complete the form and submit your inquiry to get your no obligation quote today