Onset + Fitness

"The lessee experienced 100% growth..."

Fitness, Health & Wellness

In addition to financing weight lifting and cardio equipment, Onset was able to approve soft costs including tenant improvements, lockers, flooring, and even things like legal and architectural fees. The $6M in leased equipment was a large amount since their total revenue was $25M at the time we began underwriting. However, their business model was a huge success and the customer experienced incredible growth during the term of our lease.



Lease Type

True Lease, Operating Lease

Company Revenue