Spread the cost of a commercial spin bike fleet from £5,000 to £80,000+ with flexible finance options. HP, lease, or refinance
Yes, spin bike fleets are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £5,000 to £80,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£5k – £80k
Approval Speed
24–48 hours
Same-day for < £30k
Rates From
5.0% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical spin bike fleet price. Indicative only, not a quote.
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For UK limited companies with 3+ months’ trading and monthly revenue.
On a purchase price of £20,000: a 10% deposit of £2,000, then 48 monthly payments of £422 at 5.9% APR representative (fixed). Total amount payable £22,256, including the deposit. The rate you are offered depends on your business and the asset.
Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.
| Machine or specification | Guide price | Type |
|---|---|---|
| Wattbike Atom Studio Bike (x12) | £24,000 – £36,000 | Connected Studio Bike |
| Technogym Group Cycle Bike (x15) | £22,000 – £34,000 | Studio Cycling Bike |
| Life Fitness IC7 Studio Bike (x10) | £12,000 – £20,000 | Studio Cycling Bike |
| Matrix CXP Indoor Cycle (x12) | £14,000 – £24,000 | Studio Cycling Bike |
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
A spin bike fleet is moveable plant and machinery and generally qualifies for Annual Investment Allowance, letting the cost be deducted from taxable profits in the year of purchase. HP agreements let you claim capital allowances directly; lease payments are deducted as a running cost instead, which some studios prefer given how quickly connected bike technology moves on.
Spin studios and gyms with a dedicated cycling room typically finance a full matching fleet of bikes in one purchase, since a uniform studio is central to how group cycling classes are marketed and run. Connected bikes with on-screen performance data and app integration cost significantly more than standard mechanical resistance bikes and have become the default specification for studios competing on the boutique fitness end of the market, where the technology itself is part of the member proposition rather than an optional extra. Because a full class relies on every bike working, studios generally buy a small number of spare bikes above their class capacity, and fleets are often refreshed together rather than bike by bike, both to keep the studio uniform and because bike-specific software and connectivity can be tied to a particular hardware generation.
Some specialist lenders consider businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options may be available. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender.
Explore business funding options through Fundably.
For UK limited companies with 3+ months’ trading and monthly revenue.
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.