Can I get a loan when my gym's equipment breaks and needs immediate replacement?

Quick Answer: Gyms can get emergency equipment funding in as little as 3 hours to replace broken treadmills, weight machines, or other critical equipment.

A broken treadmill row or a cracked cable machine doesn't just inconvenience members. It becomes the only thing they remember about your gym. When equipment fails, waiting weeks for traditional financing means watching members walk to the gym down the street that has working machines.

Why QuicLoans beats traditional equipment financing for emergencies:

  • Hours, not weeks: Get approved based on your revenue deposits, not equipment appraisals or vendor financing applications.
  • No equipment liens: The funding is unsecured, so you own the equipment outright without complicated lease agreements.
  • Fix or replace flexibility: Whether it's a $2K repair or a $20K replacement, use funds however your business needs to.

If your gym has been depositing $10K+ in monthly revenue for each of the last 4 months, you can likely get approved and funded today. No equipment inspections, no vendor paperwork, no using your home as collateral.

Every day equipment stays broken costs you member trust. That can take months to rebuild. Traditional financing can save you a few percentage points, but a lengthy application process might end up costing you members who won't tolerate broken equipment. Smart gym owners fix it fast and keep their business and reputation moving forward.

Related Questions

Take the Stress Out of Loan Shopping

Getting a quick business loan for your gym should be straightforward. We've brought common sense back to the process, and cut out the worst parts.

  • Banks Don’t Move Fast Enough

    You need funds now. Not a drawn-out process that doesn't care if your best trainer just quit, or your equipment just broke and you need repairs now.

    Learn more →
  • Bad Credit Doesn’t Equal a Bad Business

    We approve fitness businesses, not people. If you're signing members and bringing in revenue, we’ll focus on your performance, not just your FICO score.

    Learn more →
  • Brokers Never Seem to Deliver

    Many charge upfront fees, bait and switch the terms, overpromise results, then vanish when things get hard. We don’t.

    Learn more →
  • Have a Loan Already? Most Gyms Do

    We’re comfortable working around existing financing. If your fitness business brings in steady revenue, we’ll show you what’s still possible.

    Learn more →
71%

of small employer firms report some form of outstanding business debt

- Federal Reserve Bank

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3 to 36 Month Terms · Rates of 1-3%/mo · Approved & Funded In Hours · No Prepayment Penalty

Funds deposited directly into your business checking account via ACH or wire. Loan amounts ranging from $10,000 to $2,000,000.

Minimums: 450+ credit · 3+ months in business · $10K/month revenue · No Startups

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