Fitness Center-Health Center Financing and Re-Financing

Largent Financial can arrange commercial mortgage loans for the financing of fitness centers, health clubs, gyms and similar type special purpose properties. We can provide fitness center loans for both franchise and non-franchise businesses with strong historical performance, excellent management and strong sponsorship. We can provide fitness center financing for the acquisition or refinancing of stabilized businesses where the loan is secured by commercial real estate. For acquisitions, fitness center financing may be provided for both the business and real estate under one of the SBA loan programs. Here are some specifics on the Loan Program:

 

Minimum Fitness Center Commercial Loan Size $250,000

Loan Collateralized by Commercial Real Estate

Fitness Center Financing Available for Acquisitions or re-finances

15, 20, 25, & 30 Year Amortizations

3, 5, 10, 15 Year Fixed Rates

65-80% LTV / 90% CLTV

Flexible Prepay Options

Full Document – Personal Recourse

Minimum 660 Credit Score

3 Years of Historical Income Req.

Low Minimum 1.25 DSCR