When you’re opening or expanding your gym, getting a loan feels like a major milestone. But there’s one step that can quietly delay everything—or worse, put your entire project at risk—if you don’t handle it right: insurance compliance.
Most gym owners tap into SBA loans, bank financing, or other forms of working capital to pay for their build-out or equipment. That means your lender has skin in the game—and they want proof that their investment (aka your space and gear) is protected.
Why Lenders Require Insurance Documents
Banks and lenders require evidence of property insurance as a condition of funding. They want to know that if something catastrophic happens—like fire, theft, or major damage—the property or equipment they helped finance is covered.
Without this document, your loan can get delayed, or worse, canceled. And when you’re trying to hit opening day or lock in that equipment deal, you don’t have time for red tape.
How AGuard Keeps You Compliant
We don’t just provide insurance—we work directly with your lender to issue customized documentation that includes:
- Your loan number
- The lender listed as a loss payee
- The correct insurance language and coverage details
We handle all of it so your financing stays on track—and you can focus on building out your dream gym.
Don’t Let Paperwork Get in the Way of Progress
Gym owners have enough brain damage already—between managing staff, getting new members, and dealing with landlords, compliance paperwork shouldn’t be the thing that trips you up.
With AGuard, your loan requirements are covered from day one.
👉 Need help with SBA loan compliance? Let’s make sure your insurance is the easiest part of the process.
