The COVID-19 crisis has presented an enormous challenge to all climbing and active entertainment businesses. Most of them were either closed or operated at limited capacity through 2020. As more of them are finally reopening, the air is filled with the enthusiasm of both the visitors and the owners.
The new Equipment Lease Financing Program launched by Walltopia is designed to support business owners who want to continue their growth and offers special payment terms for its clients signing a contract in 2021. It is open for new agreements for both climbing and active entertainment products.
The program can support eligible projects by deferring up to 70% of their contract value with Walltopia for up to 5 years, with interest rates as low as 3%.*
There are no origination or prepayment fees.
(*Note: Terms and conditions may range depending on the country of the applicant, the project size, their credibility, risk and financial profile. Collateral requirements for special payment terms may require one or more of the following: retention-of-title, registered security interests, ucc filings, fixed and floating charges, personal guarantees and others. An application does not guarantee an approval.)
The application process requires the following:
1/ Offer from Walltopia for climbing products or active entertainment products.
2/ Financial statements from the last two years for existing businesses and also tax returns.
3/ Business plan of the new project.
4/ Personal Credit Score for majority owner.
5/ Signed Application form.
All provided information would be used only for the purpose of obtaining special payment terms from Walltopia Equipment Lease Financing Program. All submitted applications will be treated in strict confidentiality.
Walltopia has designed, engineered, manufactured and installed more than 1800 projects in over 75 countries on 6 continents. With +20 years of experience in manufacturing climbing structures and a team of +600 professionals, Walltopia can take care of any gym project needs, from gym design to assembly, flooring solutions (Climbmat), holds and volumes (Holdtopia), maintenance and inspection.
Walltopia is also the organizer of the World Indoor Climbing Summit (WICS), an event started in 2018 that focuses on the business side of the indoor climbing industry. Seeing a need for a more globally oriented industry gathering, and as a global supplier which communicates with industry leaders worldwide, Walltopia decided to bring the world of climbing into one place, inviting C-level executives from the industry to Sofia, Bulgaria. WICS hosts a conference program featuring topics on the business of indoor climbing that are valuable to gym owners and other industry leaders.