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Ironwood Finance Extends Loans to Health Clubs in Time for New Year

Corpus Christi, Texas (PRWEB) December 22, 2013

Ironwood Finance (, providers of unsecured, short-term capital financing for small business, has a new funding program for health clubs and fitness centers just in time for the New Year. Ironwood Finance’s easy lending service can quickly provide an influx of capital to help fitness club owners promote their gym or upgrade their facilities to attract new members looking to improve their health in 2014.

For gym owners and fitness club managers, the New Year is the best time to promote their services. According to the University of Scranton, losing weight is number one on the list of top 10 New Year’s resolutions, and staying fit and healthy ranks number 5. In fact, more than 38 percent of Americans make some kind of weight-related resolution each year, and that means more American head for the gym after January 1. Unfortunately, most fitness club owners lack the capital to promote themselves as aggressively as they would like, or to expand their offering and add new equipment to attract new members.

Ironwood Finance’s new health club lending program addresses this problem by making short-term unsecured loans easy to get. Where most banks won’t make short-term capital available to fitness clubs, Ironwood Finance offers alternative financing that can be available in a few days. Where other lenders demand a full credit check, Ironwood Finances uses credit card receivables and other criteria to qualify fitness center managers or a loan, regardless of credit history.

“Many small businesses have cyclical sales cycles and find themselves cash-strapped when they really need an influx of short-term capital to promote growth,” stated Kevin Donahue, founder and CEO of Ironwood Finance. “With this new lending program for health clubs, we can help club owners with a cash infusion at the beginning of the year, when they need to it take advantage of a jump in demand for their services. We structure our lending programs to make it easy for business owners to borrow what they need, when they need it, so they can build their business when market conditions dictate.”

Money borrowed from Ironwood Finance can be used for virtually any purpose, including advertising, direct marketing, equipment lease, or any other business need. Capital can be repaid over three to 18 months.

About Ironwood Finance
Based in Corpus Christi, Texas, Ironwood Finance helps small business grow by offering working capital when they need it. Loans are approved based on cash flow, not credit history, and Ironwood Finance boasts a 90-percent loan approval record. Loans of up to $500,000 are available for up to 18 months to help with equipment leasing, working capital, or other aspects of business operations.

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Source: PRWeb
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