Lendus.

Gym Equipment Finance

Spread the cost of commercial gym equipment from £5,000 to £300,000+ with flexible finance options. HP, lease, or refinance — compare rates from 40+ lenders.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£5k – £300k

Approval Speed

24–48 hours

Same-day for < £75k

Rates From

From 5.0% APR

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Finance options

Hire Purchase (HP)

Rate
From 5.5% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Gym owners wanting to own equipment outright

Finance Lease

Rate
From 5.0% APR
Term
12–60 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient — claim 100% of payments against profit

Operating Lease

Rate
From 5.8% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Refresh equipment regularly to retain members. Off balance sheet.

Representative example

Borrow £60,000 over 48 months at 5.9% APR (fixed). Monthly repayment: ~£1,248. Total amount payable: ~£59,904. Rates depend on your circumstances.

Popular models

Model Price Range Type
Life Fitness Integrity Series (x10) £40,000 – £70,000 Cardio Package
Technogym Selection Pro (x8) £30,000 – £55,000 Strength Package
Precor Discovery Line (x6) £25,000 – £45,000 Plate-Loaded
Assault AirRunner (x5) £12,000 – £20,000 Functional Package

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Tax benefits

Gym equipment qualifies for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one — up to £1,000,000. HP allows capital allowances. Lease payments are fully deductible from profits.

Market context

The UK fitness industry is worth £5.1bn with over 7,200 gyms and 10.5 million members. The average gym spends £80,000–£150,000 on equipment for a new opening. Equipment refresh cycles average 5–7 years for commercial gyms.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Our eligibility check uses a soft search only — no impact on your credit score.

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Frequently asked questions

Can I finance a full gym fit-out?
Yes. Most lenders allow you to bundle cardio, strength, functional, and flooring into a single agreement. This is the most common approach for new gym openings.
What deposit do I need?
For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases often require no deposit. Larger deposits reduce monthly payments.
Can I finance used gym equipment?
Yes. Most lenders finance used equipment up to 5 years old. Refurbished equipment from authorised dealers gets the best rates.
How quickly can I get gym equipment finance?
Most applications are approved within 24–48 hours. For deals under £75k, same-day approval is common.

Guides and resources

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