Tuesday, March 26, 2024

Open the Doors to Your Dream Gym: Financing Solutions for Every Fitness Entrepreneur


 Funding: Book An Appointment

Ready to transform your passion for fitness into a thriving gym? Don’t let funding roadblocks hold you back! We offer two unique financing solutions specifically designed to empower aspiring gym owners like you, whether you’re a pre-revenue startup or an established business looking to expand.

Option 1: Fueling Your Fitness Vision (Credit-Based Funding):

  • Ideal for: Pre-Revenue Startups, First-Unit Franchisees, Acquisitions or Existing Gym Operations
  • Unleash Your Potential: Secure funding from $50,000 to $400,000 to launch your dream gym, upgrade equipment, expand your space, and more!
  • Unsecured Freedom: This program offers unsecured funding, so you don’t need to tie up valuable assets.
  • Flexible Use: Use the funds exactly as you see fit to fuel your gym’s success.

Qualify with Confidence:

  • Basic Requirements: Maintain a minimum 680 credit score across Equifax, Experian, and TransUnion and demonstrate a past two years’ income of $50,000 annually.
  • Simple Application: The process is streamlined! Just submit a copy of your My FICO credit report (a soft pull, so it won’t hurt your score) and your past two years’ tax returns.
  • Cosigner Friendly: Don’t meet the credit score standards alone? No worries! Cosigners are welcome.
  • Fast Funding: Get a funding decision within 7-10 days upon submitting complete information.

Option 2: Bank Statement Funding: Powering Growth Based on Your Hustle

  • Ideal for:Established Gyms (in business for at least 6 months)Gym Owners with Lower Credit Scores
  • Break Free from Credit Score Limitations: This program focuses on your business’s performance, not your personal credit history.
  • Minimum Requirements: Demonstrate at least 6 months in business with $5,000 in monthly revenue. (The higher the revenue, the better!)
  • Show Us Your Strength: Submit your past 6 months’ bank statements. Lenders look for steady, consistent revenuegrowth, and a healthy account balance.
  • Fast & Flexible: Receive funding within 7-10 days with a quick and easy application process.

Unleash the Power of Both Options:

  • No Prepayment Penalty: Enjoy the flexibility to pay off your loan early without penalty on the credit-based funding option.
  • Credit Score Impacts Terms: While credit score doesn’t affect approval for bank statement funding, it determines your rate and terms.

Stop dreaming, start building! With our fast, flexible, and entrepreneur-friendly financing solutions, you can turn your gym dream into a reality. Apply Today! Contact Jim Here.

Click here for more details on financing options or call 214-629-7223 or email jthomas@fmconsulting.net for more information. Or, apply now.

If your fitness business is in need of a turnaround, a boost in sales, or a fresh marketing approach, we’re here to help. We offer a free initial consultation to discuss your specific situation and explore how our expertise can make a difference. Don’t hesitate to reach out to Jim Thomas at 214-629-7223 or find valuable insights on YouTubeFollow me on LinkedIn

An Outsourced CEO, Turnaround Expert and Author, Jim Thomas is the founder and president of FMC USA Inc., a management consulting, turnaround, financing  and brokerage firm specializing in the leisure services industry. With more than 25 years of experience owning, operating and managing facilities of all sizes, Thomas lectures and delivers seminars, webinars and workshops across the globe on the practical skills required to successfully overcome obscurity, improve gym sales, build teamwork and market fitness programs and products. Visit his Web site at: www.fmconsulting.net or www.youtube.com/gymconsultant.

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