Don’t let cash flow restrict your business growth. If you need fitness equipment now, but don’t want to spend your ready cash, financing your equipment may be the right solution for you.
We’ve partnered with Geneva Capital, a leader in fitness equipment financing, to help you fully equip your facility now – without delaying your business or grand opening plans - and make manageable monthly payments.
Geneva Capital is a direct lender, which means that credit applications are reviewed processed quickly in-house. The online process is quick and easy and if approved, Geneva will purchase the equipment and lease it to you. Once the equipment is paid off, it’s yours. It’s easy to get the equipment you need to generate revenue with your gym.
Did you know that 8 / 10 companies finance their equipment? Take advantage of these benefits by financing your commercial fitness equipment:
Is there a minimum purchase amount required?
The minimum purchase amount for a finance application is $1,500.
How does the application process work?
You can quickly apply online and most applications are notified of approval status within 1-2 business days. If approved, a representative from Geneva Capital will notify you and call to discuss the terms and structure of the payment agreement. Lease documents will be emailed to you directly after with complete instructions. Once the lease documents are submitted complete, Geneva will send a PO to Power Systems for the equipment specified in the documents. Power Systems will provide you with an estimated ship date for your equipment. Upon delivery and installation, you will notify Geneva. Geneva will pay the balance of the equipment to Power Systems, and you will make payments on the equipment to Geneva.
Does leasing equipment require a large down payment?
No, leasing requires little to zero down payment. In some cases, the first and last month’s payment may be required.
What are the terms & conditions?
The minimum purchase amount for a finance application is $1,500 & leasing with Geneva Capital is offered to businesses in the United States only.
How long is a typical finance period for equipment?
Finance agreements range from 12-60 months and the most common financing terms for equipment are 36-60 months.
If my application is approved, how soon do payments begin?
After making your initial down payment (if required), your next payment will not be due until the equipment is delivered to you.
I’m new to this, where can I find more information?
Visit www.gogc.com for more information on the financing process.
