Capital that grows with the member base.
Independent gyms, CrossFit boxes, Pilates and yoga studios, personal training facilities, climbing gyms.
How the money
actually moves.
Membership drafts are recurring revenue, and recurring revenue underwrites better than transactional revenue: it is predictable, it is steady, and it shows up on the same day every month. Capital here is usually about equipment or a second location ahead of the January surge.
The calendar matters. A January member push needs the floor ready in December, so the capital is planned ahead of the surge. A short structure timed to the surge, with an early payoff as the new memberships land, is the natural shape.
Three things it is
usually for.
Equipment refresh
Racks, plates, cardio fleet. Financed with the equipment as collateral, or funded outright ahead of the busy season.
Second location
Build-out for the second box while the first carries the remit.
Buying out a partner
Structured over a longer term through a lending partner against the gym's own drafts.
What your underwriter
reads first.
Specific to gyms files. The general read, six things every file gets, is on the how it works page.
- 01Member draft revenue on the same day each month is a strong, steady file.
- 02Seasonality is expected and sized for.
- 03We separate growth capital from capital covering a hole; they are different conversations.
What a workable
gyms file looks like.
These are shapes, not gates. The funder sets the floor, and we place the file where it fits or tell you plainly if it does not.
- Roughly a year in operation
- Member drafts through a business bank account
- Any credit profile
Asked by
gyms owners.
Good. Recurring revenue reads better than transactional revenue.
Yes. Equipment financing is a separate program.
Yes, typically over a longer term through a lending partner.