All Other Amusement and Recreation Industries
713990
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SBA Loans for All Other Amusement and Recreation Industries: Financing Fun and Growth
Introduction
From escape rooms and trampoline parks to yoga studios and recreational clubs, amusement and recreation businesses create experiences that bring joy, fitness, and entertainment to communities. Classified under NAICS 713990 – All Other Amusement and Recreation Industries, these businesses are diverse and creative, but they often face unique financial challenges. High facility costs, expensive equipment, seasonal cash flow, and competition for consumer dollars make sustainable growth difficult.
This is where SBA Loans for Amusement and Recreation Businesses provide a solution. Backed by the U.S. Small Business Administration, SBA loans offer affordable financing with lower down payments, longer terms, and government-backed guarantees that reduce risk for lenders. Whether you’re starting a new attraction or upgrading an existing facility, SBA loans can give you the resources to grow.
In this article, we’ll explore the scope of NAICS 713990, common financial pain points, how SBA loans help, and frequently asked questions from recreation business owners.
Industry Overview: NAICS 713990
All Other Amusement and Recreation Industries (NAICS 713990) includes establishments primarily engaged in providing unique recreational experiences not covered in other categories. Examples include:
- Escape rooms and virtual reality centers
- Trampoline and indoor recreation parks
- Yoga, pilates, and martial arts studios
- Arcades and family entertainment centers
- Community clubs, social recreation groups, and niche activities
This sector is dynamic and growing, driven by consumer demand for entertainment, fitness, and interactive experiences. However, it’s also sensitive to economic downturns and shifting consumer preferences, making access to capital vital for stability and innovation.
Common Pain Points in Recreation Business Financing
Based on Reddit’s r/Entrepreneur, r/smallbusiness, and Quora discussions, owners of amusement and recreation businesses frequently mention these challenges:
- High Startup Costs – Opening a recreation facility can cost $100,000 to several million dollars depending on size and equipment needs.
- Equipment & Facility Investments – Trampolines, VR gear, arcade machines, and safety systems require major upfront purchases.
- Cash Flow Instability – Seasonal demand and reliance on discretionary spending can create income fluctuations.
- Marketing & Client Acquisition – Building awareness for new entertainment concepts requires significant marketing spend.
- Bank Rejections – Traditional lenders often deny funding due to industry volatility and limited collateral.
How SBA Loans Help Amusement and Recreation Businesses
SBA loans give recreation businesses affordable financing to manage costs, modernize facilities, and expand offerings.
SBA 7(a) Loan
- Best for: Working capital, renovations, debt refinancing, or business acquisition.
- Loan size: Up to $5 million.
- Why it helps: Covers payroll, advertising, and equipment upgrades like VR stations or fitness machines.
SBA 504 Loan
- Best for: Real estate and large-scale equipment purchases.
- Loan size: Up to $5.5 million.
- Why it helps: Ideal for purchasing or renovating a recreation facility, installing trampolines, or upgrading to high-end arcade systems.
SBA Microloans
- Best for: Startups and small-scale improvements.
- Loan size: Up to $50,000.
- Why it helps: Perfect for smaller recreation studios like yoga or martial arts schools needing supplies, mats, or initial marketing.
SBA Disaster Loans
- Best for: Recovery from disasters that disrupt recreation facilities.
- Loan size: Up to $2 million.
- Why it helps: Provides relief when storms, floods, or economic crises impact operations and revenue.
Step-by-Step Guide to Getting an SBA Loan
- Check Eligibility – Must be a U.S.-based, for-profit business. A credit score of 650+ is generally required.
- Prepare Financial Documents – Tax returns, balance sheets, P&L statements, and membership or ticket sales projections.
- Find an SBA-Approved Lender – Some lenders specialize in hospitality and recreation industries.
- Submit Application – Include a business plan detailing your services, target market, and growth opportunities.
- Underwriting & Approval – SBA guarantees reduce lender risk. Processing typically takes 30–90 days.
FAQ: SBA Loans for Amusement and Recreation Businesses
Why do banks deny loans for recreation businesses?
Banks often see these businesses as risky due to seasonality and reliance on discretionary income. SBA guarantees reduce this risk and improve approval chances.
Can SBA loans cover equipment like trampolines, arcade games, or VR systems?
Yes. SBA 7(a) and 504 loans can finance major equipment purchases for attractions, fitness, or entertainment services.
What down payment is required?
SBA loans typically require 10–20% down, compared to 25–30% with conventional financing.
Are startups eligible for SBA loans?
Yes, though startups will need strong business plans, industry experience, and personal credit strength.
What repayment terms are available?
- Working capital: Up to 7 years
- Equipment: Up to 10 years
- Real estate: Up to 25 years
Can SBA loans fund marketing and expansion?
Absolutely. Many amusement and recreation businesses use SBA loans to finance advertising campaigns, remodels, or opening new locations.
Final Thoughts
The All Other Amusement and Recreation Industries category is diverse, exciting, and growing—but it comes with high costs and financial risks. SBA Loans for Recreation Businesses provide affordable, flexible financing to help entrepreneurs manage expenses, expand facilities, and create unforgettable customer experiences.
Whether you’re opening an escape room, launching a yoga studio, or expanding a trampoline park, SBA financing can provide the capital to grow with confidence. Explore SBA-approved lenders today and start planning your next phase of growth.
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