One of the biggest issues facing gyms is member retention – making sure your members come back time and again. One of the most important ways of doing that is making sure your gym equipment is modern and high quality.
39.9% of gym members say good equipment is a leading factor in their continued attendance.
ukactive Report, Q1 of 2015
Fortunately for gyms everywhere, keeping your equipment modern doesn’t have to be a costly exercise!
Equipment leasing from Johnson Reed is a fantastic way of getting finance for brand new equipment on terms which are much more favourable to traditional bank lending. Whether you are an established gym or leisure facility, a new starter, or even a personal trainer, then we can help provide the gym equipment you need.
Whether you need to finance a single treadmill or a room full of bikes, we can help you get the finance. Keep pace with the ever-evolving technology with gym equipment leasing.
There are many benefits to your business:
- 100% finance, and often no upfront deposits
- Keep bank facilities intact and use our funders’ cash instead
- Prompt straightforward approval process, usually within 24 hours for established gyms
- Payments are 100% tax efficient – offset your finance against your tax bill
- Guaranteed competitive rates
The Gym market value has risen up from £3.55bn in 2007, to £4.3bn in 2015, with nearly 8.78 million members (1 in every 12 people).
The Leisure Database Company SOFI Report, 2015
We have recently helped a large, soon to be nationwide chain of budget gyms, where each location requires £1,000,000 of investment. However don’t be put off, we don’t just work with large gyms, our normal transactions involve financing equipment between £5,000 – £100,000 of equipment leasing.