Leasing Exercise Equipment

Obtaining commercial gym equipment for a health club or personal training fitness studio can be expensive; however, leasing exercise equipment can be a viable solution. Fitness equipment leasing is done by just about all health clubs. With all of the gym equipment a health club requires to run its business, leasing is the logical choice. A lease allows a health club to use commercial gym equipment for a period of time by paying a monthly payment. Once the lease term expires, the gym equipment can then be purchased, returned, or continue the lease.

Why lease when you could bank loan or rent the equipment?

Renting gym equipment is suitable for a short term basis (3 months), simply because the price of the equipment rental can be twice as much as a lease.

Bank loans typically require a higher down payment than leasing (about 10-20%). Leasing gym equipment generally requires one or two initial payments, which is applied to future payments on the lease.

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