Leasing your gym equipment, at Gym Equipment we understand that setting up a gym is an expensive business. This is true whether you are setting up a commercial gym, a gym in your home or you are looking to establish a gym in your school, hospital or workplace. One option which can bring big financial benefits is to lease the equipment rather than purchase it outright.
Leasing is where you do not upfront buy the piece of gym equipment you want. Instead you ‘lease’ it from a leasing company by paying monthly payments towards its total cost. At the end of the agreement you can either keep the equipment or opt to hand it back and upgrade. It is a form of hire purchase arrangement but with tax benefits.
When setting up a larger gym or studio, unless you have around £200,000 cash to invest upfront, it's one of the main ways to get your new venture off the ground.
At Gym equipment we work with a major leasing provider who are a well-established provider of equipment asset finance. This is important as you therefore have the security of knowing that you are in safe hands.
Our partner has over 20 years’ experience of providing lease agreements ranging from £1,000 to £5,000,000. They are a member of the Finance and Leasing Association and the National Association of Commercial Finance Brokers.
Please contact us for more details on 01494 956765.
At the end of your leasing agreement you have two options. You can either simply keep the equipment and, as most gym equipment, has a life of 5-10 years if you are a school, hospital or hotel this may be the best option.
If however you are a commercial gym or may want to make your final payment and then take out another lease and upgrade the equipment to the latest model.
At Gym Equipment we have a combined 45 years’ experience of the fitness industry. But more than that we have in our team personal trainers and a gym owner, so we really can say we know how you feel and understand the pressures on you.
In addition we offer full nationwide coverage across the UK. We have great product knowledge and can offer you knowledgeable advice on the products that would bring you the best commercial advantage.
And finally, we are big enough to cope with any size project yet small enough to say that the person you will speak to about your lease is the same person you will deal with throughout the process. This ensures that we get a great understanding of your business or organisation and ensure you get the bespoke deal that is right for you.
Simply call us on 01494 956765 and speak to our friendly staff who will discuss your needs, whether leasing is right for you and if so, set the process of leasing your gym equipment in motion.
Alternatively, why not consider 0% Finance if you are looking at less than £15,000? See our 0% finance for gym equipment page to find out more.