
Sport & Fitness
Creating inspirational spaces for active living
The sports facility industry in the United States is undergoing rapid evolution, fueled by increasing demand for multipurpose venues, community recreational spaces, and cutting-edge technology integration. As health and wellness remain central to societal values, the demand for modern recreational centers, fitness complexes, and outdoor sports facilities continues to rise, providing opportunities for growth across urban and rural markets.
By enabling the development of modern sports facilities, USDA B&I loans foster community engagement, improve public health, and create economic opportunities through increased tourism, events, and local business activity.
Highlights
Typically 100% of new project costs, including land, hand & soft costs, and working capital are eligible for USDA loan guarantees
One loan to cover construction through to permanent financing, with up to 24 month interest only
No restrictive covenants, no call provisions, no balloon payments, long-term amortizations
Acquisitions of existing facilities are eligible
Eligible for B&I ($25M per applicant)
USDA loan guarantee uses for the sport and fitness industry
Facility Construction and Expansion
New Construction: Financing for building new sports arenas, recreational centers, gyms, and multi-sport complexes in underserved rural areas.
Expansion Projects: Funding for expanding existing facilities to increase capacity, add new sports offerings, or incorporate additional amenities.
Modernization and Upgrades
Technology Integration: Installing modern technology such as digital scoreboards, sound systems, and security systems to enhance the user experience.
Sustainability Improvements: Funding energy-efficient lighting, water conservation systems, and renewable energy sources like solar panels to meet environmental goals.
Accessibility Upgrades: Making facilities compliant with ADA standards to ensure inclusivity for individuals with disabilities.
Equipment Acquisition
Sports Equipment: Purchasing specialized equipment for fitness centers, training facilities, and athletic programs.
Maintenance Tools: Acquiring equipment for field and facility maintenance, such as turf management and HVAC systems.
Community and Wellness Programs
Youth and Adult Programs: Financing spaces and resources for community programs such as youth leagues, wellness workshops, and senior fitness activities.
Event Hosting: Supporting the development of facilities that can host tournaments, trade shows, and other events that boost local economies.
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