Financing Remanufactured Commercial Fitness
& Gym Equipment

Healthline, Inc. can finance existing clubs and start-ups with good credit or even challenged credit. Below are some of the qualifications that are required. As with any financing, each situation is different, so give us a call at 800-325-1968 with any questions or concerns.

Existing Fitness Center - Owner with Good Credit

• Clubs in business for three (3+) years
• All owners with 675+ credit scores
• Application only required up to $75,000 with lease application and three (3) months business bank statements
• Full document application starting at $75,000 up to $250,000 with lease application, bank statements, two (2) years personal tax returns, personal financial statements on all owners with more than fifteen percent (15%) equity
• Answer on application within forty-eight (48) hours
• Three (3) month payment deferral option

Existing Fitness Center Owners - Challenged Credit

• Working capital advances on MasterCard/ Visa purchases
• Approvals up to 125% of your club's average monthly MasterCard/ Visa purchases
• Approvals from $5,000 up to $200,000
• No personal guarantees
• Approval not based upon personal credit other than no open bankruptcies, liens and judgments

Start-up Fitness Centers - Good Credit

• Clubs in business for less than three (3) years
• Applications up to $75,000 with lease application, business plan including financial protections and owners' resume, two (2) years personal tax returns, personal financial statements on all owners with more than fifteen (15%) equity
• Answer on application within forty-eight (48) hours

Start-up Fitness Centers - Challenged Credit

• Leases are collateralized by real estate, stock or CD's
• Approvals ranging from $50,000+
• Leases can include fitness equipment and all items required to open your fitness center

Terms & Conditions

• Repayment terms ranging from twenty-four (24) months up to sixty (60) months
• $1.00 or $101.00 buyout at the end of the repayment term depending upon which state your business is located
• Lease payments may be 100% tax deductible

For more information about our in-house financing of our remanufactured commercial fitness and gym equipment, please contact us at 800-325-1968 or contact us.