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CommonLending

Gym business loans

Money for equipment, rent, and trainers before memberships stack up.

What it is

Gyms buy machines up front and pay rent every month, while new members join gradually. Equipment financing fits the machines. A line of credit fits payroll and a slow month.

What's typically needed

  • Latest three months of business bank statements
  • Time in business
  • A government-issued photo ID
  • Basic business details, such as legal name and industry
  • Whether the funds are for machines, build-out, or payroll
Start application

Applying has no impact to your credit. Submitting this form does not pull a credit report.

Related: Equipment financing · Payroll · Term loan