Franchise financing
Financing a BFT, Body Fit Training franchise
SBA lenders have approved 32 loans against the BFT, Body Fit Training brand since FY2010, totalling $15.0M. The median approval was $534,150. These are loans that actually closed - not projections from a disclosure document.
Rank by loan count
#701
of 1,651 brands
Loans approved
32
FY2010 onward
Median loan
$534,150
Typical range
$30K-$838K
Middle 80% of loans
Median term
10 yr
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who financed BFT, Body Fit Training
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 18 | $6.3M | |
| First Bank of the Lake | 8 | $4.5M | |
| Readycap Lending, LLC | 1 | $1.0M | |
| Hanover Community Bank | 1 | $838K | |
| Capital One | 1 | $700K | |
| HomeTrust Bank | 1 | $648K | |
| Wells Fargo Bank | 1 | $554K | |
| German American Bank | 1 | $432K |
Geography
Where BFT, Body Fit Training units were financed
| State | Loans | Share |
|---|---|---|
| Texas | 8 | |
| North Carolina | 4 | |
| New Jersey | 4 | |
| Colorado | 2 | |
| Illinois | 2 | |
| Missouri | 2 | |
| Virginia | 2 | |
| Utah | 2 |
Approvals by fiscal year
Loan count by fiscal year - a rough proxy for how fast the brand was opening units. Final bar is a partial year.
Loan sizes
- Under $50K31%
- $50K - $150K3%
- $350K - $1M59%
- $1M - $2M6%
Financing a BFT, Body Fit Training: common questions
- How much do lenders finance for a BFT, Body Fit Training franchise?
- The median SBA loan approved for a BFT, Body Fit Training franchise is $534,150, with the middle 80% of loans between $30,000 and $838,000. That is the financed portion only - it excludes the buyer's equity injection, which SBA lenders typically require at 10% or more of total project cost for a business acquisition or new franchise unit.
- Which lenders finance BFT, Body Fit Training franchises?
- By dollars approved, the most active SBA lenders for BFT, Body Fit Training have been The Huntington National Bank, First Bank of the Lake, Readycap Lending, LLC, Hanover Community Bank. Many franchise brands also maintain their own lists of preferred lenders, which may differ from who has historically approved the most volume.
- How long are BFT, Body Fit Training SBA loans?
- The median term is 10 yr. SBA 7(a) terms run up to 10 years for working capital and equipment, and up to 25 years when the loan is secured by real estate - so a longer median usually means the loans included property.
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