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Business line of credit for fitness & wellness

Revolving credit from $10K to $5M. Gym owners use Credible Lending business line of credit to replace cardio and strength equipment or build out a new studio, with up to 24 months and draws land in seconds, 24/7.

Apply nowAbout business line of credit
See what you qualify forStep 1 of 5
How much funding do you need?

A best guess is fine. You can change it with your advisor.

$10K$5M
How long have you been in business?
What's your average monthly revenue?

Total deposits into your business account in a typical month.

What's your personal credit score?

An estimate is fine. Applying won't affect your score.

Where should your advisor reach you?

We'll use this only for your application.

Business line of credit for gym owners
Amount$10K – $5M
TermUp to 24 months
SpeedDraws land in seconds, 24/7
PaymentsWeekly
Best forCash-flow gaps, inventory, recurring costs

Common uses in fitness & wellness

  • Replace cardio and strength equipment
  • Build out a new studio
  • Launch a membership campaign
  • Add recovery services

Why gym owners choose a business line of credit

Equipment wears out

Members notice tired machines. Replace them without draining the account.

January is a surge

Capital for marketing and staffing ahead of peak sign-up season.

Buildouts are big

A second location fits a term loan with predictable payments.

How does a business line of credit work?

  1. 1

    Apply once with a soft credit check. You'll get a decision the same day.

  2. 2

    Your advisor sets a limit based on revenue, cash flow and time in business.

  3. 3

    Draw any amount, any time. Funds reach your account in seconds, including nights and weekends.

  4. 4

    Pay a simple weekly amount. As principal is repaid, that credit is available to draw again.

What do I need to qualify?

  • 1 year in business
  • $10K+ in monthly revenue
  • 625+ FICO score
Check my options

Other funding for gym owners

Questions, answered

Something else on your mind? Ask an advisor.

Can gym owners qualify for a business line of credit?
Yes. Most Credible Lending programs look for at least one year in business, $10,000 or more in monthly revenue and a 625+ credit score. We review fitness & wellness financials with the industry's cash-flow patterns in mind.
How does line of credit repayment work?
Your balance is consolidated into one simple weekly payment. As you repay principal, your available credit is restored. There are no draw fees, only a straightforward monthly maintenance fee, and you can customize the payment amount and term to fit your budget.
Can I get a credit line increase?
Yes. Based on your cash flow, net income and repayment history, you may be eligible for a higher limit. Your advisor reviews increases without a new application.
Can I finance fitness equipment?
Yes. Commercial cardio, strength and recovery equipment can be financed against the equipment itself.

Ready when your business is.

Apply in about three minutes with a soft credit check. You'll hear back the same day.

Apply nowTalk to an advisor