Gym Business Loans in Loveland, CO: Equipment Packages and Expansion

Gym Loans Read Against Larimer County, CO Fitness Center Counts

County Business Patterns counted 75 fitness and recreational sports centers with paid employees in Larimer County, CO in 2023, with 950 employees; 36.0% had fewer than five employees (Census County Business Patterns 2023). Arts, entertainment and recreation as a whole counted 265 employer establishments. Nonemployer Statistics reports fitness businesses inside a broader amusement and recreation code, which counted 243 businesses without paid employees for 2024 (Census Nonemployer Statistics 2024), including personal trainers and other recreation businesses.

Those figures cover everything from big-box gyms to single-room yoga and cycling studios. Funding needs differ by size, but the core is the same: equipment that wears out on a schedule and members whose dues pay for it.

How to Get a Loan for a Gym When Memberships Are the Revenue

A partner reads a gym through its membership data. Illustration only, invented figures: 340 members paying $59 a month bring in $20,060 in monthly dues (our arithmetic). The partner wants to know how many cancel each month, how many sign up, whether dues are drafted automatically, and how much comes from personal training or classes on top.

• Monthly membership counts, sign-ups and cancellations for the past year.
• Draft reports from the membership software.
• Bank statements that match the draft deposits.
• The lease and its remaining term.

Commercial Gym Financing for Rubber Floors, Racks and Locker Rooms

Illustration only, invented figures: a gym buys racks and benches ($22,000), cardio machines ($46,000) and rubber flooring ($14,000), $82,000 in all. Over 60 months at an invented 9.5% annual rate the payment is about $1,722 a month (our arithmetic). Cardio machines and racks hold resale value; flooring and locker rooms are build-out and are read as part of the space.

The equipment financing page covers loans and leases for five equipment groups.

Gym Equipment Leasing Options: Fair-Market-Value or Dollar Buyout

Cardio equipment ages quickly, which is the case for leasing it. Illustration only, invented figures: a fair-market-value lease at $1,450 a month for 48 months totals $69,600 in payments (our arithmetic), after which the gym can return the machines and lease new ones. A dollar-buyout lease ends with ownership and works much like a loan. Racks and plates last for decades and suit buying outright.

The article on equipment loans and capital leases works through both structures with invented figures.

Fitness Equipment Financing for a Yoga or Cycling Studio

Studios buy fewer, more specialized items. Illustration only, invented figures: 20 studio bikes at $1,650 each, $33,000 in all, financed over 36 months at an invented 10.5% annual rate, cost about $1,073 a month (our arithmetic). A yoga studio's main costs are flooring, sound and heating systems for hot rooms, more build-out than equipment.

Gym Business Loan Requirements: Membership Reports and the Lease

Beyond membership data, a partner looks at the owner's credit, time in business, existing equipment leases and the lease on the space. A gym with a lease ending in a year asks a partner to fund equipment for a location it may have to leave; showing a renewal option or a new lease answers that.

Working Capital While a Second Gym Location Fills

A second location pays rent, coaches and front-desk wages from the day it opens, while its membership count starts near zero. Illustration only, invented figures: if the new room needs $20,060 a month in dues to break even and adds members at a steady pace over its first months, the shortfall in those months is what working capital or a line of credit would cover. A partner will compare that ramp with how the first location filled.

Presales help. Members who sign up before opening, with drafts scheduled to begin on the first day, give a partner something concrete to read instead of a forecast alone.

Buying an Existing Gym and Its Membership Base

Illustration only, invented figures: a buyer pays $240,000 for a gym, brings $48,000 and finances the rest over 84 months at an invented 9.75% annual rate, about $3,163 a month (our arithmetic). Members can cancel after a sale, so a partner will look at the trend in active memberships and at the equipment's age, since an old fleet means replacement costs soon after closing.

The term loan page explains acquisition loans, and working capital covers payroll while a new location fills.

By Rowanrun Business Loans · Updated October 22, 2026