Unleashed Brands Secures $100M+ Loan Fund To Grow Youth Fitness Franchises
The investment will allow for the expansion of youth-focused franchises that encourage children to be active through play and learning
Unleashed Brands, a youth enrichment platform that includes Urban Air Adventure Park, The Little Gym, Snapology, Class 101, Premier Martial Arts and XP League, has coordinated funding relationships totaling more than $100 million with national banks that are developing SBA lending programs for new franchisees.
The relationship will enable franchisees to access capital for new site development that covers up to 90% of project expenses and experience a streamlined qualifying procedure with a dedicated lending team.
Unleashed Brands, which has 1,500 franchises operating or in development serving over 25 million children, plans to open more than 170 locations and award 230 new franchise agreements in 2023 across the country.
Urban Air Adventure Park and The Little Gym, in particular, are being targeted as primary brands under the new program, where the lenders are devoting a large portion of their available SBA funds to Unleashed Brands.
The Little Gym, which serves children ages four months to 12 years, promotes physical activity and education with a fun and engaging gymnastics-based, non-competitive program. Urban Air Adventure Park, an engaging indoor trampoline park, allows children to take flight. Some locations offer go-karts, laser tag, bowling and indoor skydiving.
“Having dedicated lenders looking to deploy capital for our future franchisees is incredibly exciting and speaks volumes to the financial stability of our brands,” said Eric Schechterman, vice president of franchise finance for Unleashed Brands. “Because of our franchisees’ track record of success and loan performance, we have been able to partner with banks that want to lend to our owners and help grow our brands.”
