Gym Equipment Finance

Getting your business finance fit - trim the costs and make sure your business gets the equipment it needs for less

Speak to one of our experts020 4525 5312

Funding options


Hire Purchase

  • HP up to 60 months
  • Cost effective
  • No capital requirement
  • Undercut "0% finance" deals from suppliers


  • Suitable for all types of gym equipment
  • Choice of leasing arrangements
  • Up to 100% funding
  • Low rates – lending secured on assets themselves


  • Funds for any legal purpose
  • Up to 100% Loan to Value available
  • Refinance existing assets
  • supports business growth

Talk to Rangewell – the business finance experts

Your gym can be a lucrative business, but you must have the most appropriate funding. We work across the entire lending market, and can find lenders who understand your business, and can provide the most competitive finance for your needs.

At Rangewell we recognise your professional status, and we work harder to find you better solutions - which can include 100% finance for many of your needs.

The fitness industry is highly competitive. Your gym business needs the latest equipment to bring in customers. - and than means a growing need for finance.

A few years ago, free weights and a row of cycles might have equipped a gym. Today you need a choice of weight machines, rowers, cables and much more. Even treadmills and cycles need video screens.

To retain the appeal of your gym and remain competitive, you need the latest equipment. But a £150,000 plus cash purchase of a suite of touchscreen-enabled resistance machines is beyond the resources of most gyms.

Specialised finance for gyms

At Rangewell, we can help you find the finance solutions which can help. Asset Finance arrangements can provide versatile solutions to allow you to equip your gym with the latest fitness gear, and let it pay for itself with the extra customers it brings in.

Asset Finance is lending secured on the asset itself. This reduces the risk to the lender, and to you, because it means none of your other personal or business assets are at risk. If you were unable to make the repayments the lender would simply repossess the asset.

Even more importantly, it can reduce your monthly repayments. Lower risk to the lender can mean lower interest rates to you.

Better than gym equipment suppliers’ financial plans

Gym equipment vendors frequently offer finance arrangements to support their sales. At Rangewell we have found that arranging your own finance can be more cost-effective. By taking out a loan from a specialist lender and paying cash to the dealer it is possible to reduce costs -  even compared with dealers’ ‘interest-free’ offers.

Asset Funding solutions designed for your gym business

Asset Funding solutions include both Hire Purchase and lease arrangements.

Hire Purchase

Hire Purchase allows you to spread the cost of buying your gym equipment. HP agreements usually require you to pay a deposit plus fixed monthly instalments for an agreed term, which can be between 12 and 72 months, after which the assets become yours.

Finance Leases

Finance Leases, on the other hand, let you spread the cost of equipment across its working life. This means that maintenance, repairs, running costs, administration and registration will usually be your responsibility.

Operating Leases

Operating Leases also exist and work in a similar way to a rental agreement. You pay a monthly rental charge to use the asset in question. This type of finance can often be best suited for equipment which will have a limited life, such as any technology-based equipment.

Why you need Rangewell to find finance for your gym

There are many lenders who can provide Asset Finance solutions, but not all lenders will work with all types of business.

Lenders can also offer very different rates and terms. Looking for the most competitive deal across the entire market takes time and expertise.

At Rangewell, our expertise works for you. We know the lenders who understand the fitness industry and who can offer the most competitive rates for all types of finance - whether you are looking for a single new machine, or want to build a completely new state of the art gym.

Getting the finances that are right for you

Coming to Rangewell means getting an expert team working for you and your gym business, and better answers to all your financial needs.

We can discuss your objectives, help find answers that can bring you the equipment you and your customer want, and which will help you build your business.

Discover our range of finances

Every type of finance for every type of business

Our goal is very simple - to help businesses find the right type of finance as quickly, transparently and painlessly as possible.

Helping you build your profits

  • Spreading repayments
    You may not even need a deposit with some types of asset finance, and repayment can be spread over years to fit your monthly budget...
  • Avoiding risk
    Traditional business funding can put your business assets, or even your home at risk. Asset funding is secured on the assets themselves. If repayments became a problem, the lender could simply repossess the equipment.
  • Setting up your business
    Asset finance arrangements can provide a level of finance to fully equip a new gym business.
  • Leasing complex equipment
    The latest internet-connected machines use sophisticated technology. Leasing can transfer this technology risk to the lender.
  • Cover all your equipment needs
    Asset funding can cover virtually any type of gym equipment. A single arrangement can cover items from multiple suppliers.
  • Better than 0% finance
    Some gym equipment dealers may offer 0% finance deals. Call Rangewell to understand how we can help you pay less than with these ‘interest-free’ deals.

Download Rangewell’s free and detailed guide to Financing Your Gym Equipment

How can I finance my gym equipment?

Is this a good finance option for fitness equipment? 

Is it possible to spread the cost with monthly repayments?

Can I spread the cost of equipment over 12 months?

Is Equipment Finance suitable for any type of fitness equipment?

What is equipment leasing?

Does financing gym equipment make it easy to plan monthly cash flow?

Does the interest rate relate to the amount of funding borrowed? 

What are standard terms and conditions with equipment funding?

I have been offered 'interest free credit' - is it the best deal?

How do I know which finance company to use?

Does interest free finance exist?

Can I lease equipment for 36 months or longer?

Are there different payment options between leasing and purchasing?

What happens when I've signed an agreement?

Download your Rangewell Business e-Book

Available in ePub, mobi and .pdf format

By clicking "Get your copy now" you agree to Rangewell'sTerms and Conditions and Privacy Policy.

You may need a specialist lenderSome lease companies may specialise in particular business areas. You may need expert help from the Rangewell team to find a lender who can work in the fitness sector.
Your key equipment could be at risk if you cannot make repaymentsIf you are unable to keep up repayments on a hire purchase or lease agreement, the equipment your business depends on could be at risk.
Long-term commitmentLenders may view long-term equipment finance arrangements as debt and adjust their valuation of your business. This could reduce your ability to call on other types of business finance.

Our service is:


Transparent and independent, treating all lenders equally, finding the best deals.


Every type of finance for every type of business from the entire market - over 300 lenders.


Specialist Finance Experts support you every step of the way.


We make no charge of any kind when we help you find the loan you need.