FINANCING

1. Online Leasing Application https://leasingdesktop.allstatecapital.com/portal/AllstatePortal/default.aspx?RD=VA&WAID=807861707


2. Equipment Leasing and Line of Credit Program (equipment lease required to obtain line of credit)


Fitness Equipment Lease/Working Capital Program

The program is based on the existing/projected monthly revenues/account receivables. If you lease new equipment from us, we are able to provide you a line of credit up to 40% of the lease value for start up capital or for the acquisition of an existing gym. This is assuming you have adequate cash flow or reasonable projections to service the loan. If you own an existing establishment and are in need of new equipment, you will qualify for the same program.

 

The line of credit is gained by leveraging the value of the new equipment lease and the loan payments are guaranteed from your accounts receivable.

This program allows you to avoid dealing with banks and their tough lending guidelines, restrictions, regulations and rejections.

 

PGS will not only be your investor but also your partner. We will assist in the design, set up, marketing and operation of your gym. You choose how much you want us to be involved.

 

All equipment including flooring, mirrors, computers, lockers, cameras and even taxes, freight and installation fees can be included in the lease.

 

Scenario

Customer needs new equipment and $200K working capital

PGS creates layout and selects equipment

Leasing partner works with customer on lease terms and approval

Leasing partner pays PGS $500K for equipment

PGS lends customer $200K line of credit for working capital

PGS purchases equipment, schedules installation, installs and assembles equipment

Customer is responsible for lease through leasing company and line of credit through PGS