Fitness & Recreation · lender intelligence

How to finance a F45 Training in Michigan

State:

The SBA 7(a) lenders funding the most F45 Training deals in Michigan, from public loan records — typical F45 Training loan about $295K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance F45 Training in Michigan

$213K

Typical loan

range $25K–$228K

$237K

Est. purchase price

≈ loan ÷ 90%

$31,684

Cash to close

$23,689 down + fees

$3,121/mo

Typical payment

~12.5% · 10yr

$43,070/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

50 days

Typical time to fund

Lenders competing

more = leverage

6.58%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with F45 Training in Michigan

Ranked by funded F45 Training loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.

1.2,539 loans · $965M · Columbus, OHFull record →
2.18 loans · $6M · Oxford, MIFull record →

6+ funded F45 Training in Michigan deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

UNITED FITNESS GROUP SHELBY, LLC in Shelby Township, MI — $25K (2022) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$13K (50%)
Approval → funding
6 days
Approved
4/7/2022
First disbursed
4/13/2022
Loan status
Current
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
2
Business age
New Business or 2 years or less
Industry
Fitness and Recreational Sports Centers
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Nascot Enterprises, LLC in Detroit, MI — $571K (2021) · Oxford Bank
Program
7a General
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$514K (90%)
Approval → funding
27 days
Approved
7/21/2021
First disbursed
8/17/2021
Loan status
Paid in full (5/31/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
21
Business age
Existing or more than 2 years old
Industry
Fitness and Recreational Sports Centers
Funded by Oxford Bank · Lender record →
Your business? Claim this record · Request removal
Nascot Enterprises, LLC in Detroit, MI — $100K (2021) · Oxford Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$75K (75%)
Approval → funding
117 days
Approved
4/22/2021
First disbursed
8/17/2021
Loan status
Paid in full (10/31/2024)
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Existing or more than 2 years old
Industry
Fitness and Recreational Sports Centers
Funded by Oxford Bank · Lender record →
Your business? Claim this record · Request removal
Charklcn LLC in Byron Center, MI — $228K (2020) · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$171K (75%)
Approval → funding
50 days
Approved
1/10/2020
First disbursed
2/29/2020
Loan status
Paid in full (4/30/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
3
Business age
Startup, Loan Funds will Open Business
Industry
All Other Personal Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Rz Athletics & Investments Llc in Troy, MI — $213K (2020) · JPMorgan Chase Bank, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
8% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$107K (50%)
Approval → funding
32 days
Approved
12/30/2019
First disbursed
1/31/2020
Loan status
Paid in full (5/31/2022)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
24
Business age
Unanswered
Industry
Fitness and Recreational Sports Centers
Funded by JPMorgan Chase Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Charklcn LLC in Byron Center, MI — $10K (2020) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$5K (50%)
Approval → funding
50 days
Approved
1/10/2020
First disbursed
2/29/2020
Loan status
Paid in full (7/31/2023)
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
3
Business age
Startup, Loan Funds will Open Business
Industry
All Other Personal Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal

Buying a F45 Training in Michigan? Start with a lender that funds them here

We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded F45 Training loans with a Michigan project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a F45 Training purchase in Michigan with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Michigan deals. The Huntington National Bank funds the most here. CapBench is not a lender.

$295K typical F45 Training loan
3 lenders active in Michigan
6+ funded Michigan deals
50 days typical to fund

Buyers buying a F45 Training in Michigan typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All F45 Training lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/f45-training/michigan
API:: https://www.capbench.com/api/public/lenders?franchise=f45-training
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.