Our Leasing Program: Motion Fitness offers leasing by an exclusive company called "New Vision Leasing" . New Vision is independently owned and operated by seasoned professionals designed to work inside the "fitness industry" getting you the financial backing you need to open a kids fitness center or simply just to add on to an existing one. They have over 15 years in the leasing and financing industry and are affiliated with the finest and most competitive banks in the country getting you the best possible rates. The leasing process is easy and just takes a simple phone call to review your business plan and submit your information. Call us for more information.
Seasonal Payments Pay 9 months and No Pay 3 months of every year 100% Financing
More Choices We analyze your customers credit profile first and then choose the best financing source for rates and approvals.
90-Day Deferral No payments for 3 months
6 x $99 Only pay $99 a month for the 1st 6 months
$20.00 Security Deposit Only requires $20.00 to initiate the lease
Common Leasing Questions
What is a Lease? Monthly rental payments made to the bank for the usage of the equipment, upon making final payment ownership is transferred to the lessee.
Who can Lease? Any company, organization, or association.
How is the monthly payments calculated? Monthly payment is determined by a ‘lease rate factor’-a periodic rental payment to a lessor for the use of assets. Lease Rate Factor x equipment cost = Your monthly payment.
What factors determine credit worthiness? Elements that determine payment schedules include length of time in business, business financials, and personal credit bureau ratings.
What effect does leasing have on a bank line of credit? With a lease, no money is borrowed. Your bank line is unaffected.
What are the upfront costs? There are a variety of ways to structure a lease, but typically one or two payments will be collected as a security deposit.
What are some of the advantages of leasing? Fixed affordable monthly payments, low upfront costs, flexible payment options, tax benefits, and 100% financing.
Is there a penalty for paying off the lease early? There in NO penalty, but really no benefit to the lessee. They will be responsible for all remaining payments.
What is the interest rate? Because a lease is a rental payment they have a ‘rate factor’ which is used to calculate a monthly payment.
Why Is Leasing Right For Me?
Cash Flow: Cash is not tied up in equipment. Instead, money is available for opportunities such as marketing, working capital, or seasonal cash flow needs. Leasing allows you to conserve your cash for times when you need it most.
Convenience: The simple one-page application is easy and convenient. Our documentation is minimal and payments are simple to budget. 100% Financing~ Leasing permits 100% financing with no down payment. You can include "soft" costs in your lease such as shipping, software, training, and installation.
Preservation of Credit Lines: A lease preserves bank lines of credit for working capital, seasonal requirements, other appreciating investment opportunities, or emergencies. Equipment leasing is like opening an additional line of credit.
Tax Benefits: Leasing provides a company with substantial tax advantages. Accelerated depreciation using IRS Section 179, plus interest write-off throughout the life of the lease.+
Flexibility: Leasing is an extremely flexible financing tool, with longer terms up to 60 months, deferral programs, and customized payment plans.