Health Club Financing

As of March 1, 2022, CREFCOA has temporarily suspended its health club loan program.

Through our proprietary online commercial real estate lending platform (CRELP) we are changing the way borrowers obtain commercial mortgages for health clubs and gyms. Commercial loans are available for both acquisitions and the refinance of health clubs.

Commercial financing for health clubs and gyms can be difficult to obtain due to the special use property type and inherent risk associated with the fitness and health industry. CREFCOA has the experience and knowledge needed to properly underwrite and close health club loans that meet the requirements of its borrowers.

CREFCOA commercial loans are available for stabilized clubs and facilities with strong management and experienced owner operators. Health club financing is available for businesses where the commercial real estate and business secure the loan.

Commercial loans for health clubs start at $500,000 with no maximum loan sizes. Health club commercial mortgages are available for both franchise and non-franchise clubs. CREFCOA will consider start-ups on a case-by-case basis.

• Minimum health club loan size is $500,000
• Loan collateralized by commercial real estate - no business only financing
• Acquisition or refinance of stabilized health club, gym and fitness center properties
• Bank, SBA, and specialty financing available
• Up to 25 year fixed rates
• Up to 25 year amortization
• Flexible prepay options
• 55%-75% LTV
• Minimum 660 Credit Score
• 3 years of stabilized operating history require
• 1.50 DSCR

Request a quote or visit the commercial real estate loan center to learn more about CREFCOA's health club commercial property loans