Leasing Options

Fitness Experience is committed to finding the best fitness equipment leasing options for our clients, because we have a vested interest in your success. After reviewing your business plan and the fitness equipment you’d like to lease, we will work with our team of experts to choose the leasing option that works best for you and your business. Leasing fitness equipment through Fitness Experience will give you a single point-of-contact with one of our Commercial Account Managers, which saves you the hassle of dealing with multiple people. Our ultimate goal is to grow our relationship and be a support to you and your business in all aspects of choosing, sourcing and leasing fitness equipment.


Fitness Experience offers two main types of financing for your fitness equipment.


Evergreen Structure:

Consider this structure more like a rental, where you pay a monthly rental fee over the term in line with the warranty. This is a worry-free model with fixed rates that are lower than monthly lease payments. In addition, this structure gives you the option to trade in for brand new equipment at the end of the term.

  • Monthly fixed rental fee for your fitness equipment, lower than other leasing options
  • At the end of the term, you will have the option to replace your current equipment with brand new fitness equipment, structuring a brand-new rental term
  • If you choose to keep your fitness equipment after the term, a fair market value buyout will be determined
  • A typical term length for the Evergreen Leasing Structure is three years

Lease To Own Structure:

  • Lease to own your new fitness equipment in two-, three- or four-year terms
  • The buy out at the end of the term is $10
  • This can be applicable to any cardio and strength equipment, as well as additional services such as delivery, installation, and maintenance programs


Three reasons to lease your fitness equipment:

  1. Focus less on cost, more on value of products

When you lease gym equipment, you don’t have to worry about paying the entire cost of the equipment upfront. Fitness Experience will take your unique financial needs into consideration, developing a plan that works for you. A worry-free leasing plan will give you more time to focus on other aspects of your business.

  1. Offer your members the latest and greatest fitness equipment

Purchasing your fitness equipment in full will most likely result in keeping it for a longer period of time. In the world of ever-changing fitness and technology trends, fitness equipment can become obsolete in a matter of a few years. The Evergreen Structure allows you the opportunity to upgrade fitness equipment at the end of each term, keeping your facility new and exciting. This will give you a competitive edge over other fitness facilities.

  1. Save money through tax deductions

Monthly lease payments for your fitness equipment can be deducted on your tax return as an operating expense, further saving money for your business.


Terms and Conditions:

  • In both structures, cardio and strength equipment must make up 70%
  • The end-user is responsible for any maintenance costs or repairs that are not covered by the terms of the warranty
  • Terms are subject to credit review and approval
  • Terms are based on current cost of funds and subject to change
  • Terms reflect the first and last payment plus a one-time documentation fee of $150
  • Figures exclude applicable taxes
  • Terms vary depending on the type of equipment, make and model