Gym and Fitness Center Loans 

Gyms And Fitness Centers HELP Us stay in Shape, anD We HELP them With the Financing they Need to GROW 


Fitness has never been more important to the average American-- which is why it's never been a better time to start or expand a gym or fitness center. While getting financing for your fitness center might seem complicated at first, at Commercial Real Estate Loans, Inc., we have the know-how to simplify the entire process, getting you the loan you need, when you need it.

Fitness Center Loan Terms 

While specific loan terms can vary based on the individual customer, in general, our gym and fitness center loans have the following terms: 

  • Loan Size: $500,000+
  • Loan Purpose: Loan can be used for property acquisition or refinancing loans secured by commercial real estate (business-only financing is not allowed)
  • Loan Term: 3, 5, 7 and 10 fixed-rate terms 
  • Amortization: 15, 20, 25 and 30 year options 
  • Leverage:  80% LTV allowance (subordinate debt allowed) 
  • DSCR: 1.20 minimum DSCR
  • Credit Score Requirement: 660 minimum 


While some business owners want to open their very own, unique fitness center, there have never been more fitness franchise options on the market-- and many gym owners have decided to reap the benefits. From Orangetheory Fitness, which offers fast-paced classes guided by professional trainers, to Planet Fitness, which offers a no-frills, no-judgement atmosphere for more casual gym goers, if you're interested in opening a fitness franchise, there's likely something out there that can fit your individual taste and budget. The benefits of a franchise include: 

  • Proven business plan 
  • Pre-created marketing materials 
  • May be somewhat easier to get financing 
  • Expert assistance and guidance from franchise 

Despite the benefits of fitness franchises, they often come with their own restrictions, which may or may not suit you. Plus, franchises vary greatly in cost, quality, and level of customer service for franchisees, so you should be careful and do significant research before deciding to invest in a fitness franchise of your own. 

SBA Loans For Fitness Centers 

Many gym and fitness center owners who want to purchase or expand their business find that SBA 7a loans can be a great way to help them achieve their goals. However, in order to get approved for an SBA 7a loan, a borrower will have to have excellent credit and little-to-no serious debt. The basic terms for SBA 7a financing for gyms and fitness centers include: 

  • Loan Size: $30,000 - $5 million (some exceptions for smaller loans may be granted) 
  • Loan Purpose: Loan can be used for financing commercial real estate, equipment, and working capital 
  • Loan Term: 
    • Real Estate: Up to 25 years
    • Equipment: Up to 10 years
    • Working Capital: Up to 10 years 
  • Credit Score Requirement: 660 minimum 
  • Collateral: Additional collateral is often required 
  • Documentation: Documentation for SBA 7a loans for gyms and fitness centers is extensive, and includes: 
    • Year-to-date balance sheet
    • Business tax returns (for the last 2 years) 
    • Business licenses 
    • Personal tax returns and resumes for 20%+ owners 
    • Projected financial statements (1-3 years) 


For fitness center loans from $500,000 and up, click the button below and fill out a short, secure form for a fast, easy, and free commercial loan quote from a commercial mortgage banker. You may also email us any time at