July success story:
This month we are delighted to showcase our July’s spotlight project, which was the arrangement of a loan to the value of £600,000 for a leading gym brand operator launching a new site in Hampshire.
The need – Launching a state-of-the-art gym
Our client, a prominent gym brand operator, faced the formidable task of launching a new fitness centre in Hampshire. To ensure the gym’s success, the operator needed substantial funding for site refurbishment, equipment purchase, and to cover VAT expenses. The challenge was to secure a comprehensive financial solution that could address all these needs without delay.
The solution – Comprehensive term loan for expansion
We were delighted to be able to arrange the £600,000 loan tailored to the gym owner’s requirements. This funding solution was designed to cover all critical aspects of the gym launch:
- Site refurbishment – Transforming the space to meet the brand’s high standards and provide an exceptional experience for gym members.
- Equipment purchase – Acquiring top-of-the-line fitness equipment essential for attracting and retaining members.
- VAT loan – Managing VAT expenses efficiently to ensure smooth financial operations.
Why NGI?
This successful funding arrangement demonstrates our ability to support ambitious franchise operators in their growth journey. By providing the necessary financial resources, we enable our clients to focus on what they do best—delivering exceptional services and experiences to their customers.
This success story in Hampshire is just one example of how we can help a franchise thrive. If you have any questions or need some help with franchise finance or business planning, please call us on 01993 706403 or e-mail hello@ngifranchisefunding.co.uk.