A gym owner smiling on his training floor

Fitness facility and gym equipment financing

Commercial fitness equipment and full facility fit-outs.

Estimate your paymentExample rate 9%

Equipment cost

$1,967/month over 48 months

CBL funds up to $1,000,000

Example only, not a quote. The lease example includes a 10% buyout at the end of the term. Your rate depends on credit, time in business and the equipment.

Continue to application

The short answer

CBL arranges financing for commercial fitness equipment and full gym fit-outs, from cardio and strength lines to studio and recovery setups. It suits new gyms, studios and established facilities replacing worn equipment. We structure payments around membership revenue, including lower early payments while a new location builds its base, where the lender offers them.

At a glance

CBL Financial is an equipment financing brokerage in Calgary, Alberta, that arranges gym & fitness equipment financing for businesses across Canada. Funding goes up to $1,000,000, terms run 24 to 72 months, and approvals can come the same day for straightforward files.

Gym & Fitness financing at a glance
What it is	Gym & fitness equipment financing, arranged through a lender network
Funding	Up to $1,000,000
Terms	24 to 72 months
Approval time	Same day possible for straightforward files
Where	Businesses across Canada, from a head office in Calgary, AB
Equipment	Cardio (treadmills, bikes, rowers), Strength & plate-loaded lines, Functional rigs & racks, Studio & spin setups, Recovery equipment
Sellers	New or used, from a dealer, auction or private seller
Rate and down payment	Set by the lender for each file, based on credit, the asset and its age

In a gym, the equipment is what members pay to use, and they notice when it’s worn. We finance full fit-outs for new facilities and refresh cycles for established ones (cardio walls, strength lines, functional rigs), with payments sized to how membership revenue ramps up.

Gym equipment loans and leases

We finance cardio (treadmills, bikes and rowers), strength and plate-loaded lines, functional rigs and racks, studio and spin setups, and recovery equipment. The whole floor can be financed in one deal instead of dozens of separate equipment invoices, new or used, from any seller. See gym equipment financing for more on the equipment side.

Commercial fitness equipment financing for a new gym

A new facility can be financed as one package covering the equipment and, where needed, the fit-out. Some lenders offer lighter early payments while a new gym builds its member base, and we ask for that structure when you are opening. New gyms are considered, usually with the equipment as security, and lenders look closely at the owner’s personal credit and any down payment.

Leasing fitness equipment for a refresh

Members notice worn equipment. An established gym can replace tired cardio or strength lines on a monthly payment instead of a lump sum out of reserves. With an equipment lease, the end of the term gives you a choice: buy the equipment for a pre-set amount, upgrade to newer equipment, or return it. That suits a facility that refreshes on a regular cycle.

Fitness equipment financing across Canada

We arrange gym equipment loans and leases for gyms, studios and fitness facilities in every province from our head office in Calgary. Funding goes up to $1,000,000, terms run 24 to 72 months, and approvals can come the same day for straightforward files. Quality used commercial-grade equipment is welcome and can bring fit-out costs down.

What lenders look at on a gym file

recent business bank statements and membership revenue, for an established gym
the owner’s personal credit and any down payment, for a new one
the equipment list, with the make, model and condition of each piece
time in business

Challenged credit is considered. It usually changes the structure of the deal, for example a larger first payment or additional security. Our guide to equipment financing with bad credit covers what helps.

Common equipment we finance

Cardio (treadmills, bikes, rowers)
Strength & plate-loaded lines
Functional rigs & racks
Studio & spin setups
Recovery equipment

Built for your industry

How gym & fitness financing works

New-gym packages
The whole facility can be financed as a single package.
Ramp-up structures
Reduced early payments while your membership base develops, where the lender offers them.
Used commercial-grade welcome
Quality used commercial fitness equipment can reduce fit-out costs substantially.

FAQ

Questions owners ask

Can I finance used commercial gym equipment?

Yes. Quality pre-owned commercial fitness equipment can bring fit-out costs down, and we finance it with a proper valuation. Lenders want serial numbers they can verify and reasonable remaining life, so a list with the make, model and condition of each piece helps.

Is it better to lease or finance gym equipment?

It depends on how long you plan to keep it. A lease gives you a fixed monthly payment and end-of-term options to buy the equipment for a pre-set amount, upgrade to newer equipment or return it, which suits a regular refresh cycle. A loan makes the equipment yours from day one and builds equity. We can lay out both side by side.

How long can I finance gym equipment for?

Terms run 24 to 72 months, so payments can track membership revenue. Funding goes up to $1,000,000, and approvals can come the same day for straightforward files. The right term depends on how long the equipment will stay on your floor, since a lender won’t usually finance an asset for longer than its realistic remaining life.

What if my credit is less than perfect?

You may still qualify, though challenged credit usually changes the structure of the deal, for example a larger first payment or additional security. As a broker, we can take your file to other lenders when one says no.