Simple Steps to Funding

Discover what's possible for your fitness business

Refurbishments & Fit-outs

Soft-Asset finance offers a tax efficient solution for funding a wide variety of updates under operational expenditure. This type of finance can cover fixtures, fittings, lighting, electrics, flooring, equipment and technology.

Not only does this preserve your capital, it also spreads the cost of the assets and VAT over a period of time and OpEx payments are tax deductible. Soft-Asset finance enables you to avoid using up your cash-reserves buying depreciating assets.

• Improving lighting, décor, flooring and air conditioning 

• Upgrading changing rooms, showers and reception areas 

• Creating premium, ‘Instagrammable’ spaces (wellness & recovery zones, juice bars, cafés)

• Rebranding or improving member experiences
  

Cash Flow Management

• Bridge seasonal fluctuations – covering operational costs such as rent, staff wages, insurance and business rates during quieter months

• Unexpected costs & emergencies – equipment breakdowns, emergency repairs, urgent bills

• VAT & Corporation Tax – fast funding to pay on time, spreading the cost and avoiding HMRC penalties
  

Growth and Expansion

• Opening additional sites

• Expanding your site

• Acquiring a competitor’s business

• Franchise investment
  

Marketing & Member Acquisition

• Digital transformation – building or upgrading your website

• Brand awareness – advertising campaigns, social media presence and influencer partnerships

• Professional photography & videography

• Events & tradeshows
  

Ready to discuss how BEAR Business Finance can support your business? Contact us today.