Body Sculpt Conditioning

Personal trainer Max Jenkins wanted to set up a new gym business in Scarborough. Before coming to Funding Options, he’d already laid the groundwork for his business, but because of changing circumstances and a limited knowledge of what was available in the market, he wasn't sure exactly how much he would need.

Man with folded arms
Fitness
Fitness

We found Max the flexible loan he needed to launch his new gym business in Scarborough

After our first conversations with Max, asset finance seemed like the obvious choice — he would need to buy a large amount of gym equipment to get things up and running. He also showed a solid business plan, and had a leasehold premises arranged for 5 years, so equipment was one of the key missing pieces.

But it soon became clear that it would be better for Max to have some flexibility — so rather than having equipment-specific finance, we looked for a general purpose loan that he could use for balancing cashflow or paying rent as well as getting fitness machines.

Once straightforward asset finance was ruled out, Max had two choices — a sale and leaseback, securing funds against equipment he already owned, or a secured loan over a few years to provide cashflow when needed. Max decided on the secured loan as a better fit for his plans.

Since then, Max has been able to draw funds as and when he needs them. Not only is this a flexible arrangement that gives him the freedom to plan for the future — it also means he only pays for what he uses.

Finding the right finance meant Max could get his new gym fit-for-purpose — and Body Sculpt Conditioning is open for business. Learn more about how a secured loan could do to help finance your business here.

Apply for funding today

Business Funding UK

Let us help you find the best business finance solutions in the market. We will guide you through the whole process and make sure you get the best deal.

See your Funding Options

Match with 120+ Lenders

It’s free to apply and it doesn’t affect your credit score

Expert help throughout the process

Loans from £1000 to £20M


More customer stories

Well Life Physiotherapy

Well Life Physiotherapy

International Women's Day is celebrated on 8 March every year. It’s a time to celebrate the social, economic, cultural, and political achievements of women, and raise awareness of the issues around gender equality, reproductive rights, and violence and abuse against women. This year, to champion women in business, we interviewed one of our female-led business customers - Well Life Physiotherapy in Oldbury.

Customer image - fdu

fdu

"I've been impressed with Funding Options. They took the time to really understand our requirements and have connected us with funding providers who have taken a commercial and flexible approach. I have recommended them on several occasions and will continue to do so."