Fitness Equipment Leasing | Fitness Equipment Finance
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Portman Asset Finance inhabits a niche sector of the fitness leasing market. Portman specialise in financing the full and total equipment requirements of new start fitness centres.
With average equipment costs of in excess of £100,000.00, the majority of new start gyms and fitness centres will almost definitely have a requirement for equipment leasing.
In addition to fitness equipment, costing anywhere from £20,000.00 to £150,000.00, many new start gyms will also require equipment leasing for other assets including: air conditioning, EPOS, changing room lockers, furniture, lighting, vending machines and member management systems.
Portman can tailor a finance package to allow the gym owner to lease all of his/her equipment. Lease finance would typically be arranged over a three to five year term with a deposit generally of around 10%.
Many UK finance companies and banks are poorly equipped to handle a new start leasing requirement. Portman on the contrary are experts in this field and are able to provide leasing in a quick and efficient manner.
A new start fitness centre will typically be asked to provide the following info:
- Business Plan
- Financial Projections
- Personal Net Worth Statement(s)
- C.V.