This client was looking to set up a Transform Hub gym franchise and needed funding to help with the fit out and purchase of equipment to get the gym up and running.
The Challenge
The business was looking into a loan to cover the franchise fee, followed by additional asset finance to purchase the necessary equipment and fully fit out the gym. When we first connected with the customer, they had little knowledge of business finance- how it worked or how it could be leveraged to support their growth. Their original plan was to fund the investment using credit card, but after realising the limitations and potential risks, they explored loan options. However, the high interest rates deterred them from moving forward. That’s when we stepped in, guiding them through alternative financing solutions that were not only more cost-effective but also better suited to their long-term success.
The Solution
As the customer had limited knowledge of finance, we took the time to educate him on his options, explaining asset finance, loan structures and how repayments work. From there we tailored a solution to meet their specific needs, securing an affordable monthly rate for both products.
In total Moorgate Finance provided £76,000 of funding, structured as a lease purchase for the gym equipment alongside a business loan to cover the franchise fee. The loan was arranged over 60 months with a 0% deposit and an upfront payment, ensuring manageable cash flow from day one. This funding not only enabled him to launch his franchise but also allowed the company to complete all necessary training, secure the facility and fully fit it out- setting the business up for long term success.
The Highlights
✅ Total of £76,000 of funding, structed as a lease purchase and a business loan
✅ The finance solution covered the franchise fee, and a full gym equipment fit out
✅ The funding allowed the customer to launch his company, and complete all necessary training, secure the facility and fully fit it out
If you need funding for a gym fit out, get in touch on 01908 92 62 62 or Apply Now.