Fitness Equipment Leasing

As people become more and more health conscious, they are seeking a variety of ways to fit exercise into their daily routine. Why not help employees who have made fitness a priority in their lives by creating a workout center in your business? It doesn't have to be a mega gym with all the bells and whistles - a decent-size room with a couple of aerobic machines and weight machines will suffice.

Best of all, your upfront costs will be minimal if you opt for fitness equipment leasing. While you may pay more in the long run with an exercise equipment lease, leasing gym equipment allows you to have more up-to-date equipment than you might have been able to purchase outright. In addition, since most gym equipment leasing terms run one to two years, if you decide your on-site fitness room isn't being used, you can abandon mission after the fitness equipment lease is up and not have a bunch of exercise machines to get rid of. When exploring fitness equipment leasing, keep the following tips in mind:

1. Determine a gym equipment leasing budget, including the costs involved in creating a comfortable area in which to put the exercise equipment.

2. Ask employees which types of equipment they would be most likely to use. Your chances of success will be much greater if their needs are met.

3. Take the time to shop around for different gym equipment lease options and lessors.

Action Steps

The best contacts and resources to help you get it done

Stick with a traditional leasing company Many financing companies have a leasing arm for businesses in need of up-to-date equipment - and fast. You can often secure equipment fitness leasing with a minimal approval process.

I recommend:  Capital Funds Leasing and General Funding Corporation are traditional leasing companies that will provide funds for companies to lease a variety of equipment, including fitness equipment financing. Best of all, you can be approved in many cases in less than 24 hours.

Seek out specialized gym equipment leasing agents If fitness equipment is what you seek, then it only makes sense to seek out fitness equipment financing from those who specifically offer this type of equipment and service.

I recommend:  Fitness Leasing and GymCor.com specialize in - you guessed it - fitness equipment leasing. You will find all of the top-of-the-line equipment here plus be able to talk to experienced representatives who can help you choose the best machines for your needs.

Contact manufacturers directly Some large manufacturers of fitness equipment will consider leasing fitness equipment to companies.

I recommend:  Check out SoleFitness for exercise equipment lease options for treadmills and elliptical machines. Bowflex TreadClimber also has options for leasing gym equipment.

Tips & Tactics

Helpful advice for making the most of this Guide

• Visit a local gym to see what machines are popular. Try a few out to really get a feel for what you would like to include in your on-site gym.
• Consider lease-to-buy deals that feature some of the same benefits of fitness equipment leasing, such as no upfront costs, but will result in you owning the equipment in the end.