As seen in
As Seen in ForbesAs Seen in HousingWireAs Seen in MarketWatchAs Seen in Business InsiderAs Seen in Yahoo Finance

Gym and Fitness Center Loans 


Fitness has never been more important to the average American. For that reason, 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., we have the know-how to simplify the entire process. Simply put, we can get 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

We Help Both Franchise and Independent Gym Owners Get Financing  

While some business owners want to open their very own, unique fitness center, there have never been more fitness franchise options on the market. Because of this, many gym owners have decided to reap the benefits by opening a franchise. 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, there’s a gym for everyone. So, if you're interested in opening a fitness franchise, there's probably something out there that can fit your individual taste and budget. The benefits of a franchise include: 

  • Proven business plan

  • Pre-created marketing materials

  • Can 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. As a result, 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 7(a) loans can be a great way to help them achieve their goals. However, in order to get approved for an SBA 7(a) loan, a borrower needs 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)

Get a Free Fitness Center Property Loan Quote Today

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