Loan For Gym Business in Hollywood, FL
BLUF: A loan for gym business Hollywood funding comes through SBA 7(a) loans, equipment financing, or working capital lines.
BLUF: A loan for gym business Hollywood funding comes through SBA 7(a) loans, equipment financing, or working capital lines.
You've scouted a 4,000-square-foot shell space two blocks west of Young Circle. The landlord wants first, last, and security. You need fifteen grand in cardio machines, a functional-training rig, flooring that won't crack under deadlifts, and three months of payroll before your first membership auto-draft clears. Your personal credit sits at 690, you've got $40,000 liquid, and the SBA pre-qualification worksheets look like tax code.
This is the exact moment most Hollywood gym concepts stall. A loan for gym business Hollywood entrepreneurs need rarely fits a cookie-cutter consumer-loan box. Commercial lenders want cash-flow history you don't have yet, collateral schedules for rowers and kettlebells, and a business plan that explains why another fitness studio will survive when two CrossFit boxes and a Pilates franchise already operate within a mile of the Broadwalk.
Croftbrook Capital works as your broker. We match your gym's funding profile to the lenders and programs that actually write these deals, then walk the application through underwriting while you focus on instructor hiring and member pre-sales.
Gym business loans hinge on three friction points: equipment depreciation, membership churn, and lease terms. Cardio decks lose half their value the day they're uncrated. A treadmill is collateral today and e-waste in five years, so lenders discount its worth. Membership revenue swings with snowbird season; your January is flush, your August is lean, and underwriters hate volatility. Finally, many Hollywood landlords offer short-term or percentage-rent deals near the beach, which spook SBA lenders who want ten-year site control.
A broker solves this by knowing which lenders will accept a personal guarantee in place of hard collateral, which programs allow seasonal cash-flow dips, and how to structure a loan for gym setup so your equipment note and your working-capital line close simultaneously. We've placed financing for a kickboxing studio in Dania Beach and a 24-hour gym in Pembroke Park. The underwriting logic is identical; the storytelling changes every time.
Loan programs
cover buildout, equipment, and working capital in one package, up to $5 million, with ten-year amortization on equipment and twenty-five years on real estate if you buy the building. Rates tie to prime plus a spread; no points from us because we're brokers, not lenders.
funds your Rogue racks, Concept2 rowers, plate-loaded machines, and locker-room buildout through a lien on the gear itself. Approval is faster than SBA, often two weeks, and the equipment serves as collateral so your personal assets stay off the table.
lines of credit smooth the revenue valleys between peak seasons. Hollywood gyms see member sign-ups spike in January and April, then soften through summer when tourists leave and locals travel.
We start with a twenty-minute call: your concept, your numbers, your timeline, your credit snapshot. No fake urgency, no pressure. If your profile isn't financeable today, we tell you what to fix and reconnect in ninety days. If it's ready, we submit to three or four lenders simultaneously, all of whom we've closed deals with before. You get term sheets in writing, we explain the trade-offs, and you pick the structure that fits. We handle conditions, coordinate the title company or equipment vendor, and stay on the file until funding hits your account.
You pay nothing upfront. Our fee comes from the lender at closing, disclosed in your loan documents, and it doesn't increase your rate or principal. One conversation, one set of documents, multiple offers. That's the broker advantage.
Maria ran semi-private training out of a Pembroke Pines garage for four years, built a 200-person email list, and wanted a storefront near the ArtsPark. She found a 2,200-square-foot bay on Harrison Street, $4,500 a month triple-net, and needed $120,000: $60,000 buildout and equipment, $40,000 working capital, $20,000 marketing and pre-opening. Her LLC showed $95,000 trailing-twelve revenue, $18,000 net. Personal FICO 710, $25,000 down payment.
We packaged an SBA 7(a) loan through a community lender that valued her client retention and social proof. Seventy-three days from application to funding. She opened in March, hit break-even in month five, and called us back eight months later for an equipment line to add a second location in Davie. That's the relationship-over-transaction model: we're here for deal two, three, and the refinance in year six.
Serving the Hollywood area
We know which lenders fund which kinds of Hollywood businesses, and we position your file where it fits.
One local broker, many lenders, and no cost to apply.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.