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Fitness & Recreation · lender intelligence

How to finance a Iron 24

The SBA 7(a) lenders funding the most Iron 24 deals, ranked from public loan records — typical Iron 24 loan about $249K. A bank that has funded the brand knows the model — faster approvals, better terms.

Deal economics— what it takes to buy & finance Iron 24

$249K

Typical loan

range $30K–$500K

$277K

Est. purchase price

≈ loan ÷ 90%

$37,005

Cash to close

$27,667 down + fees

$3,645/mo

Typical payment

~12.5% · 10yr

$50,301/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

17 days

Typical time to fund

3

Lenders competing

more = leverage

11.25%

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 Iron 24

Ranked by funded Iron 24 loans. Tap a lender to open its full record, or hit Get in touch for an introduction.

  1. 1.2,539 loans · $965M · Columbus, OHFull record →
  2. 2.16 loans · $9M · Effingham, ILFull record →
  3. 3.149 loans · $135M · Mukwonago, WIFull record →

8+ funded Iron 24 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.

  • Kinetic Condition LLC in Clarksville, TN — $481K (2025) · Citizens Bank
  • FOUR13 LLC in Randolph, NJ — $558K (2024) · The Huntington National Bank
  • EURIGA COLLECTIVE LLC in Lake Orion, MI — $500K (2024) · The Huntington National Bank
  • FOUR13 LLC in Randolph, NJ — $50K (2024) · The Huntington National Bank
  • EURIGA COLLECTIVE LLC in Lake Orion, MI — $30K (2024) · The Huntington National Bank
  • New Horizon Fitness LLC in Greencastle, IN — $25K (2024) · Midland States Bank
  • Burnsco LLC in Magnolia, TX — $249K (2023) · The Huntington National Bank
  • Burnsco LLC in Magnolia, TX — $30K (2023) · The Huntington National Bank

Buying a Iron 24? Start with a lender that has funded the brand

We'll point you to the SBA lenders already financing this brand — 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.

CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to Iron 24 businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Iron 24 purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. The Huntington National Bank funds the most. CapBench is not a lender.

  • $249K typical Iron 24 loan
  • 3 lenders fund the brand
  • 17 days typical to fund

Buyers researching a Iron 24 typically pre-qualify for SBA 7(a) financing next, then ask CapBench to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this dealTalk to a loan brokerIron 24 record
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/iron-24
API:
https://www.capbench.com/api/public/lenders?franchise=iron-24
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.
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