Are you planning to open your own gym or expand your existing business? What you need now is the right fitness equipment and suitable financing. We'll tell you what options are available to you as a business owner when it comes to financing fitness equipment.
What are suitable financing options for tradespeople?
At least as important as choosing the right fitness equipment is financing it. In general, there are several options available to you when it comes to financing equipment. However, the most common are the following four options: Equity, Share Capital, Lease and Loan.
It doesn't matter if you're starting a new gym, expanding an existing gym, or just replacing some equipment. One of the financing options is bound to be right for you and your business.
Leasing fitness equipment - when and for whom is it worthwhile?
1. equity capital
If you finance all fitness equipment out of your own capital, you will have a strong negotiating position when it comes to negotiating prices. The downside is that you're using valuable capital that might be lacking elsewhere. For larger ongoing projects such as building or expanding your gym, you should hold back your cash.
2. share capital
In addition to your own liquid assets, as a business owner you have the option of financing fitness equipment with the help of investor money. Similar to financing fitness equipment with equity, this gives you a good negotiating position. One disadvantage, however, is that equity capital is usually considerably more expensive than, for example, a bank loan.
3. leasing
Furthermore, as a trader you have the possibility to finance your fitness equipment by leasing. In concrete terms, this means that you rent a certain piece of equipment for a monthly leasing rate. When you return the fitness equipment, no further costs are incurred. If you want to buy it after some time, the payments made so far are often credited to the purchase price.
4. credit
A good alternative to self-financing is to take out a bank loan. This can be flexibly adapted to your personal situation. In addition, you own the desired fitness equipment immediately, without having to touch your liquid assets.
Further advantages of financing by credit:
- fast, unbureaucratic processing
- Flexible terms and rates
- Planning security
How can fitnessmarkt.de help you with this?
Whether strength or endurance equipment, equipment for physiotherapy or from the beauty sector: At fitnessmarkt.de you get high-quality equipment for every budget. We accompany you from the selection of the equipment over the transport and the financing up to the purchase completion.
You are a businessman and think about financing a new or used fitness equipment? Through our cooperation with the leasing provider abcfinance, we guarantee you a hassle-free purchase process. Simply enter the required data and let us make you a suitable leasing offer. Of course, tailored to your individual needs.
Conclusion: Financing fitness equipment for professionals
If you are a business owner and want to buy new or used fitness equipment, you have several options for financing:
- Equity
- Share capital
- Leasing
- Credit
Depending on your requirements, you can choose one of the four options. We at fitnessmarkt.de will gladly take you by the hand during the purchase and help you to a smooth purchase transaction.
Get your individual leasing offer now!
Editorial fitnessmarkt.de (JM)
Photo credit: #172320801 stock.adobe.com
Published on: 14 May 2019