Small Business Funding Options For Gyms & Fitness Centers
Gyms regularly experience cash flow issues, this can be seen in outdated machines, old workout tools, or insufficient space for the members. Whichever of these it may be cannot be easily fixed due to the shortage of cash flows.
Exercise machines are constantly getting more expensive because they are becoming more advanced. To stay competitive in this industry gyms must purchase this new equipment, televisions for the walls of the gym. Wear-and-tear is always an issue with gym equipment, most members disregard the preservation of this equipment and tend to just throw it down when they are finished using it.
If it were not for a gyms monthly payment system, it would be easy to purchase this new equipment. Most gyms do not have any form of daily income which makes it difficult to save money for new equipment and other investments. Members are not fond of the gym increasing membership fees to pay for better equipment.
First Premier Funding has funded many gyms and can help you make the improvements necessary to stay in business. We can provide you the funding to get these new features and grow your business. Contact us today at (888) 358-8484 or apply now to see how First Premier Funding can help your business grow.