Ironwood Finance (http://www.ironwoodfinance.com), providers of unsecured, short-term capital financing for small businesses, is advising fitness center owners to start 2014 with a capital investment to boost membership and ensure future profits. Ironwood Finance has a new lending program that offers gym owners access to unsecured working capital against future memberships to facilitate business expansion.
According to Franchise Help, the fitness center industry continues to see tremendous growth. At the turn of the century there were 16,938 fitness clubs in
While demand for health clubs increases, the competition increases as well. During the recession, people were opting to take up jogging or other free forms of exercise, or seek out non-profit alternatives like the
“The fitness industry continues to boom, but club owners are hard-pressed to find the capital they need to upgrade their facilities and fund marketing programs to attract new members,” said
Donahue adds that the health club business is seasonal, and the first quarter is typically the time that people make New Year’s resolutions and strive to overcome the winter doldrums with new workout regimen. A number of Ironwood Financial’s health club clients choose this time of year to capitalize to achieve revenue goals for the coming year.
About Ironwood Finance
For more information, please visit http://www.ironwoodfinance.com.
Read the full story at http://www.prweb.com/releases/2014/02/prweb11591569.htm
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