How money moves in this industry
A studio fit-out and equipment purchase usually precede full membership. Rent and staff continue through seasonal changes in attendance.
A practical example
A Pilates studio adds reformers and a second room while building recurring memberships to cover the new lease cost.
This illustrates a funding need; it is not a lender eligibility claim or a recommendation to borrow.
Common reasons to explore finance
- Studio fit-outs
- Exercise equipment
- Opening another site
- Membership growth
- Working capital
Equipment and assets that may be financed
Asset finance depends on the lender's product, the asset, its condition and the proposed term. Examples in this industry include:
- Reformers and gym equipment
- Studio fixtures
- Booking systems
Questions to prepare for a lender discussion
These are useful preparation questions, not a statement that any particular lender accepts this industry.
- What are member retention and utilisation trends?
- How long is the lease?
- How does income vary by season and class type?
Insurance and business continuity
Finance is one part of a business decision. This industry may also need to consider public liability, professional indemnity, property cover, depending on its activities, contracts and legal obligations. Our business insurance guide explains the concepts and links to official Australian sources.