When your business is growing fast, it’s not uncommon to find yourself outgrowing your current premises.
That was exactly the case when we worked with a bodybuilding gym in the North West.
After rapid growth, the number of members this gym had was fast outgrowing their current premises. With both new and upgraded equipment required too, they knew it was time to source funding support.
The Challenge
The gym knew it was time to move premises, but with other investment requirements too they needed flexible funding that wouldn’t just cover the move.
Thankfully, Moorgate Finance are the perfect brokerage to help with exactly that. We were ready to help secure funding from top to bottom.
The Solution
We’re pleased to say that after working together closely, we secured flexible funding for this gym.
We achieved a £0 deposit over 48 months and covered everything they needed under an asset finance agreement. Doing so ensured a lower rate than a standard unsecured loan.
In doing so, they were not only able to move to a bigger premises, they also had funds available to make their other investments.
From electrics, to joinery and lighting, the gym was funded top to toe, ready for the next stage of business growth.
The Highlights
- Flexible funding for a range of business needs.
- Asset Finance agreement with 0% deposit over 48 months.
- Allowed the business to move to a new, larger premises.