Rejected by the Bank? Don’t Sweat It! Here’s How to Get Gym Financing WITHOUT Collateral or a Perfect Credit Score

Hey Gym Owner! Feeling discouraged after a bank loan rejection? You’re not alone. Traditional financing can be tough, especially for new gyms or those without stellar credit scores. But fear not! There’s a powerful alternative: Bank Statement Funding.

Forget Collateral and Credit Score Obsession:

Unlike traditional loans, bank statement funding focuses on your gym’s financial health, not your credit history or ability to provide collateral. Here’s what lenders look for:

  • Steady Revenue: Show them your business is generating consistent income, preferably with a growth trajectory.
  • Responsible Finances: Maintain a positive account balance, avoid NSF checks, and demonstrate responsible financial management.
  • Growth Potential: Lenders want to see a viable business with a promising future.

Unlock Up to $5 Million in Unsecured Funding:

Bank statement funding offers a lifeline for gyms seeking capital for expansion, equipment upgrades, or operational needs. Best of all, it’s:

  • Unsecured: No need to tie up valuable assets like equipment or property.
  • Flexible: Use the funds for any legitimate business purpose.
  • Fast Approval: Get a funding decision quickly, without the lengthy SBA loan application process.

It’s All About Your Bank Statements:

The key to success? Provide the past 6 months of your gym’s bank statements. These paint a clear picture of your financial health and growth potential.

So, How Does Credit Score Play In?

While not the main focus, your credit score does influence the loan terms. A strong score can secure a lower interest rate and a more favorable repayment schedule.

Ready to Ditch Bank Loan Blues?

Bank statement funding can be the game-changer your gym needs! Don’t let a credit score or lack of collateral hold you back! Explore bank statement funding options and watch your gym thrive!

Funding: Book An Appointment

Have a specific financing question? Message me here and let’s chat! Or call/text WhatsApp @ 214-629-7223. Contact Jim Here.

If your fitness business is in need of a turnaround, a boost in sales, or a fresh marketing approach, we’re here to help. We offer a free initial consultation to discuss your specific situation and explore how our expertise can make a difference. Don’t hesitate to reach out to Jim Thomas at 214-629-7223 or find valuable insights on YouTubeFollow me on LinkedIn

An Outsourced CEO, Turnaround Expert and Author, Jim Thomas is the founder and president of FMC USA Inc., a management consulting, turnaround, financing  and brokerage firm specializing in the leisure services industry. With more than 25 years of experience owning, operating and managing facilities of all sizes, Thomas lectures and delivers seminars, webinars and workshops across the globe on the practical skills required to successfully overcome obscurity, improve gym sales, build teamwork and market fitness programs and products. Visit his Web site at: or

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