F45 Training
171
SBA Loans
$52.1M
Total Financed
$305K
Avg Loan Size
-7%
YoY Loan Growth
How F45 Training Compares
- Ranks #3 of 302 Fitness & Recreation brands by SBA loan count (#32 of 3,543 overall).
- Its average loan of $305K is 13% below the Fitness & Recreation median of $350K.
- Its 2.9% charge-off rate compares to a 2.0% average across all Fitness & Recreation brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 63 | $17.3M |
| FY2021 | 30 | $8.2M |
| FY2022 | 19 | $5.6M |
| FY2023 | 22 | $8.9M |
| FY2024 | 14 | $4.6M |
| FY2025 | 13 | $5.1M |
| FY2026 | 10 | $2.4M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where F45 Training Is Getting SBA-Financed
Recent SBA-Financed F45 Training Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is F45 Training growing or shrinking?
F45 Training's SBA loan count fell 7% year-over-year. A decline in SBA financing doesn't necessarily mean the brand is shrinking -- franchisees may be using other financing, or SBA lending patterns may have shifted broadly.
How much does it cost to open a F45 Training franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $305K (13% below the typical Fitness & Recreation brand's $350K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for F45 Training?
5 of 171 SBA loans to F45 Training franchisees (2.9%) have been charged off since FY2020, compared to 2.0% across all Fitness & Recreation brands.
Top SBA Lenders
- The Huntington National Bank15
- Citizens Bank12
- Stearns Bank National Association11
- North State Bank10
- Newtek Small Business Finance, Inc.7
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset