The single source provides a comprehensive guide by Jim Thomas detailing various funding options for gym owners and entrepreneurs, asserting that capital is crucial for sustainable growth. This document highlights the Term Loan Program as a versatile and accessible option, offering between $50,000 to $500,000 with features like quick funding and a minimum 680 credit requirement. The guide outlines the steps for qualification and suggests using a co-signer if initial criteria are not met. Furthermore, it explores alternative financing strategies, including equipment financing, working capital loans, and SBA loans, all designed to help gym businesses invest in necessary upgrades and maintain agility in a competitive market. Ultimately, the text advises entrepreneurs to secure the right funding to ensure momentum and strategic growth.
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