Live Oak Bank
As an aspiring or existing fitness center owner, you’ve dedicated your time, energy and resources to opening a new gym or acquiring additional locations. Why settle for working with vendors and partners that don’t fully understand your business or share your level of commitment? Most banks and lenders try to meet the unique needs of your fitness center business by using traditional loans that work for any small business. We do things differently.
Once you’ve identified an ideal location and the right franchise or business model, your next step should be connecting with our fitness center lenders to explore your loan options. Our lending experience and industry knowledge allow us to deliver a streamlined loan process that will save you time and money, while also positioning you to achieve your business goals. Visit liveoakbank.com/fitness to learn more about our financing options for fitness center acquisition and construction projects.
Loan Benefits:
• Flexible down payment options for existing owners
• 10-year term for acquisition/development
• 25-year term available for commercial real estate
• Competitive bank rates
• Loan amounts up to $7.5 million
• A team dedicated to the fitness industry
• #1 SBA 7(a) lender by volume (SBA fiscal year 2018)
• Quick approvals and a dedicated in-house underwriting team
Loan Uses:
• Expansions
• Acquisitions
• New Construction
Contact Information:
Aaron DiGregorio
(910) 363-2746
Fitness Center Knowledge Bank
Live Oak invests in educational resources and tools that will help you improve your business and stay informed. Access our free fitness center focused Knowledge Bank here.
