Funding that kept pace with the studio

Company: F45 Training Maple
Industry: Fitness and wellness
Problem:
A short-term cash need in an already busy studio. F45 Maple needed funds quickly, and the timing mattered most.
Solution:
Swoop reviewed the options open to the studio and helped put funding in place in just 10 days, then a second facility a few months later as the need arose again.
Results: Funding reached the business quickly both times, and F45 Maple went on to become one of the top performing F45 studios in Ontario.

F45 Training Maple is part of the F45 network, the high-intensity functional training brand with more than 1,600 studios worldwide and over 150 in Canada.

Even a well-run studio hits moments where cash is needed sooner than it is coming in. A piece of equipment fails, a marketing window opens, a quiet month lands between busier ones. What matters in those moments is how fast the funding arrives, and traditional routes are rarely built for that pace.

As F45’s funding partner, Swoop looked across its network of banks and specialist providers, including providers active in franchise finance that are hard for an individual operator to reach directly, and found funding that matched what the studio actually needed. When a further need came up later that year, the second round was quicker again.

Speed mattered as much as the money. As the studio’s owner put it, “Swoop was a good solution, because I was able to access cash that I badly needed, but more importantly I was able to do it quickly.”

Opening your first studio or funding growth in an existing one? Explore your funding options today.

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Disclaimer: Swoop Finance Ltd (Swoop) helps Canadian firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans or other finance products ourselves. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Swoop can introduce applicants to a number of providers based on the applicants’ circumstances and creditworthiness. Swoop may receive a commission or finder’s fee for effecting such introductions. If you feel you have a complaint, please read our complaints section highlighted above and also contained within our terms and conditions.

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