medical · Equipment & asset finance
Gym equipment finance
A gym fit-out is a hundred items from a handful of suppliers. We fund the package on one facility so opening does not drain your working capital.
What is gym equipment finance?
Gym equipment finance is funding for cardio machines, strength equipment, free weights, rigs and functional training gear, secured against the equipment. Australian gyms and studios finance fit-outs to spread the cost of opening, and full packages from one or several suppliers can usually be funded on a single facility.
Fitting out a gym is front-loaded: almost all the equipment has to be in place before the first member walks in. That makes it a natural candidate for finance, because paying cash for a full fit-out leaves nothing for rent, staff and marketing during the months it takes to build membership. Spreading equipment across a five or six year term matches the cost to the revenue it generates.
Lenders look at the equipment mix and the operator. Commercial-grade equipment from recognised brands is fundable; consumer gear is not. Racks, rigs and plate-loaded strength equipment hold value and are viewed favourably. High-hour cardio depreciates faster. If you are opening a first location, expect questions about your experience, the lease and how you plan to reach break-even membership, and they will read a conservative membership forecast far more favourably than an optimistic one.
Gym equipment finance at a glance
| Typical price range | $15,000 – $400,000 |
|---|---|
| Finance term | Up to 72 months |
| Useful life | About 10 years |
| New or used | New equipment carries warranty and is easier to service; used commercial cardio and strength gear is plentiful as gyms refresh fleets and is financeable from known brands. |
| Indicative rates (Chattel mortgage) | 6.9% – 14.5% p.a. · rate history |
| Finance structures | Chattel mortgage (recommended), Fit-out finance, Equipment loan, Finance lease |
How lenders assess gym equipment finance
Commercial gym equipment holds reasonable value, but lenders distinguish sharply between commercial-grade brands and consumer equipment, which they will generally not fund. Cardio machines with high hours depreciate quickly, while racks, rigs and free weights hold value well. A start-up gym is assessed on the operator’s experience, the lease and the membership plan, and may need a deposit. Fit-out items such as flooring, mirrors and signage are usually funded under fit-out finance rather than as equipment.
Before you buy
- Buy commercial-rated equipment, not consumer models — warranties are void in a commercial setting and lenders will not fund it.
- Check service support and parts availability for cardio equipment, which needs far more maintenance than strength gear.
- Weight the spend toward racks, rigs and free weights if budget is tight; they hold value and need almost no servicing.
Commonly financed
Life Fitness Integrity cardio · Technogym Skillrun and Selection · Concept2 RowErg and BikeErg · Rogue Fitness rigs and racks · Matrix Fitness strength lines
Estimate gym equipment repayments
- Number of repayments
- 60
- Balloon at end of term
- $41,600
- Total interest (est.)
- $58,879
- Total repaid (est.)
- $266,879
This calculator provides an estimate only and does not account for fees, charges or the specific terms a lender may offer. It is not financial advice or an offer of finance.
Key terms
What is gym equipment finance?
Gym equipment finance is a loan or lease used to buy commercial fitness equipment, with the equipment as security. Terms usually run 36 to 72 months and equipment from multiple suppliers can generally be funded under one facility.
Can a new gym finance its fit-out?
Yes, though a start-up is assessed more closely than an established operator. Lenders look at the applicant’s industry experience, the premises lease, the membership plan and often ask for a deposit or additional security. Fit-out works are usually funded separately from the equipment itself.