Funding for Fitness Programs

“Adult obesity rates in four states are currently reaching 35 percent, in 25 states it is 30 percent and in all states are above more than 20 percent,” according to the State of Obesity and its latest studies. CDC statistics found that about one third of adults in the entire US are obese today, leading to conditions such as heart disease, stroke, type 2 diabetes and cancer and more. The crisis has meant medical costs are in excess of $147 billion in US dollars. The obesity crisis is a huge problem that the United States is struggling to combat, but more and more people are beginning to open their eyes to the harsh reality that plagues our country. And this all starts with the fitness community and health industry. With eating and exercising correctly, this industry is at the forefront of promoting safe, high quality health and wellness.

SBA-guaranteed loans typically have favorable terms equivalent to unguaranteed loans, with decent rates and fees should you qualify for one. Below are certain things you should look for when needing a loan:

Counseling and education – Some loans come with continuous support. This will help you start and run your business.

Special Advantages – Including lower down payments, adjustable overhead requirements and no collateral required for certain loans.

Uses For Funding

A number of measures are required to start and sustain a fitness centre. You will first need to obtain a Physical Education certificate. You then need to determine what kind of focus you want for your fitness center, such as weight loss, physical exercise, recovery or anything else you can think of.

Next on the list, you will need to find the best spot for your gym and buy all the equipment for the exercise and implement the best policies. And all of these are basic, required expenses. Additional facilities such as a sauna, pool, or yoga studio can also be considered. You’ll also need to pay and advertise for the gym staff. Many of these items obviously cost money and most people will need to get a fitness center business loan to pay for all of these items.

How Loans for a Fitness Program would help you

There are extremely costs of building a successful fitness program. They have expensive exercise centers needing repairs, paying employees and keeping costs down, such as insurance. When you work at helping members of your gym achieve their wellness goals in your fitness program, funding for Fitness Programs is here to help the organization improve financial health.

Hire extra personal trainers, nutritionists as well as other staff to help customers achieve their fitness goals. When you expand your fitness program, more staff will be required to operate the front desk, and clean equipment and handle membership details of your fitness center. Your fitness program may need to update exercise equipment, replace obsolete and used fitness machines with new models. You may also want to add extra entertainment equipment including TVs and/or sound systems. Our application process is fast, smooth and easy. It takes your small business just minutes to apply for custom loans. USA Funding Pros allows use of highly secure programs to safeguard applicant information for you funding for Fitness Programs.

After applying, one of our friendly loan specialists will contact you, so that we can learn more about you and your business goals. Your loan specialist will help you answer any questions you may have around the lending process. They will help you figure out which loan is right for your business and financial needs. Our high approval levels, quick decisions, and many happy customers, make it easy to get back to what you’re doing best–running your fitness program.

Loan applications are readily available for a Workout and Fitness Company

There are many different types of loans for the fitness industry, but depend on the loan’s size and purpose. The financing options for fitness programs include detailed operating or franchise information, as well as that of the business owner including: loan application & a list of supporting documents such as:

• Tax reports for business history
• Business plan summaries for all owners
• Estimating expected profits

You can easily apply for your fitness program. A single loan request through USA Funding Pros is the easiest and most effective way to search the gym and fitness industry for a loan that best suits your business. Many individual financial lenders and banks can start the loan process, but only USA Funding Pros helps gym and fitness club owners by funding their dream programs.

Getting the investment money for a new fitness program can be difficult as opposed to other small business loans. According to business models, fitness programs could include fitness equipment, shower facilities, and spas and a swimming pool. As for every small enterprise, new companies must spend much of their own resources as possible to stay autonomous. A small business loan or an outsourced investor is more likely to be required, given the capital requirements for fitness programs. Start by designing a comprehensive business plan for your program.

Get Your Fitness Program Business Loans Today

For when expansion, recruiting, upgrading of equipment or even working capital is required.Let USA Funding Pros do everything you need to get your funding for Fitness Programs. We’ll work day and night to find the best form of loan for your program. This can be an unsecured business loan, a supplier’s cash advance, or even an asset-based loan.