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Commercial Mortgage Loans |
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Commercial Real Estate Loans for
Health Clubs and Gyms
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| 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.
Health Club Commercial Loans -
Overview -
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.
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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 conventional financing
available
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- 3, 5, 7, 10 Year Fixed
Rates
-
15, 20, 25, & 30 Year
Amortizations
- Flexible Prepay Options
- 75% LTV - Subordinate Debt
OK
- Minimum 660 Credit
Score
- 3 Years
of Historical Income Req.
- Low Minimum 1.50 DSCR
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Learn more about
Crefcoa's
health club
commercial property
loans by
contacting a
Crefcoa
commercial mortgage professional at
1-844-359-6413.
Crefcoa
offers
stated
income
health club
loans for
borrowers
with strong
credit and
assets.
Contact a
health club
commercial
mortgage
professional
for more
information
- no longer available. |
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Commercial
real estate loan availability -- including LTV, DSCR, and loan size
-- may vary depending on property location, economic
conditions, exposure, and other variables that may
negatively influence risk. Loan programs and program
guidelines (including, without limit, fees, rates and
features) are subject to change. Information provided is
not an offer to make a loan and should be used for
informational purposes only. |
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