Fitness studios qualify for equipment financing for cardio machines, racks, and flooring (typically $30Kâ$300K), SBA 7(a) for buildout and acquisition, and working-capital lines to cover the JanuaryâFebruary membership surge and the summer slump. Your file routes to ONE matched lender â â based on NAICS 713940 classification.
Fitness studios (NAICS 713940) earn revenue through three streams: recurring monthly memberships, class-pack and drop-in sales, and personal training packages. Memberships paid via EFT (electronic funds transfer) create relatively predictable monthly cash flow, but the mix varies widely â a boutique cycling studio with 200 members billing $150/month looks very different to a lender than a 3,000-member big-box gym on $29/month plans. The industry has strong seasonal patterns: January and February see 20â40% membership spikes from New Year resolution buyers; July and August typically drop 10â20% as members travel. Studios with annual prepaid membership options can create cash-flow acceleration early in the year but face renewal-conversion risk in month 12.
Equipment financing is the workhorse for fitness studios â treadmills, ellipticals, cable machines, free weights, specialty rigs (for CrossFit or functional training), and commercial flooring all qualify. Equipment loans are secured against the assets themselves, typically at 80â100% LTV with 36â72 month terms. IRS Publication 946 Section 179 permits first-year expensing of qualifying fitness equipment placed in service during the tax year. SBA 7(a) loans (up to $5 million) cover full studio buildouts, franchise fees, and acquisitions of existing studios. A revolving line of credit ($25Kâ$150K) handles seasonal swings â draw in the summer slump to cover lease and payroll; repay when January memberships surge.
For equipment financing: 620+ personal FICO, 6+ months in business, vendor invoice or quote. For SBA 7(a): 680+ FICO, 2 years in business, profitable tax returns, personal guarantee from all 20%+ owners, lease assignment or commercial real estate documentation. For working-capital lines: 600+ FICO, $15K+ monthly revenue, 12 months of bank statements showing recurring EFT membership deposits. Lenders weight membership retention rate heavily â showing 12 months of stable or growing recurring revenue materially strengthens the file relative to studios with high churn.
Start your application. Your file routes to ONE matched lender â not broadcast to a marketplace â matched to your NAICS 713940 classification, revenue profile, and financing purpose. ClearValue Lending is a funding platform, not a lender or financial advisor.