Leasing gym equipment can provide many benefits, and for some business models can be integral to the commercial success of the gym.

Whether you are purchasing replacement equipment, adding to an existing fitness facility, or looking to set up procurement for a brand new facility, naturally you will need to give some thought to how you are going to pay for your gym equipment.

Of course, the benefits to a business of acquiring commercial gym equipment do not come from owning it, but from utilising it, and therefore the method of funding used is often vital to commercial success

The gym equipment leasing option

There are a number of procurement / funding options, but the most common are:

• Pay from your own cash resources - This gives you some initial flexibility but it also ties up your cash in the fitness equipment for the next five years or so
• Bank Loan - Whilst this is often a viable option, it can be difficult to find a bank willing to lend in the current financial climate. It may therefore make more sense to keep any bank lines available for other financing needs, such as providing working capital, funding fit-out costs or other intangible costs
• Fitness Equipment Leasing - Paying for the use of the fitness equipment over time, drawing upon the income it generates, is often the most logical solution and accordingly leasing is a commonly used method of funding fitness equipment purchases

Many businesses turn to fitness equipment leasing / financing as their preferred method of acquiring equipment, as it is flexible and overcomes many of the drawbacks of outright ownership. Once you’ve tied up capital in fitness equipment it is locked away forever. By contrast, leasing / rental of commercial gym equipment allows you to pay for the asset over its useful working life and means that you can utilise capital more efficiently and effectively.

For more information, and to find out what fitness equipment leasing / financing options are available in your locality, please contact us.

More About Precor Commercial Gym Equipment

Precor is one of the world’s largest manufacturers and suppliers of commercial fitness equipment for gyms, driving fitness forward with a passionate focus on ergonomic motion, proven science, and superior engineering.

Precor has developed a world-renowned reputation for quality, excellence and innovation, and for three decades has been a pioneer of the professional fitness equipment industry. We continue that heritage every day by advancing what’s possible in design innovation, member experience and service.

Every commercial exercise machine we build combines essential reliability, ease-of-use and solid construction with smooth, flowing and precise motion. That’s why our treadmills, cross trainers, strength equipment and other professional machines are so popular in health clubs across the world.

Commercial Cardio equipment

Precor’s commercial cardio equipment range is constructed to the highest specifications, with consistent design and ease-of-use across the entire family of machines.

Providing highly versatile exercise options and unrivalled smoothness and fluid movement, our professional Adaptive Motion Trainers (AMT), treadmills, elliptical fitness crosstrainers (EFX) and bikes are cardio machines ideally suited to users of all fitness levels.

Commercial Strength Equipment

Precor also proudly boasts a comprehensive range of commercial strength equipment. A heritage of engineering excellence is combined with intuitive, robust and innovative design, to ideally meet the diverse exercise needs of gym users. From low profile designs, to highly accurate biomechanics and fluid movement, professional resistance training from Precor ensures both safe and effective exercise for all of the major muscle groups.