TORONTO, May 2013 – Cranson Capital is pleased to announce that it has recently facilitated and closed a loan financing for one of Toronto’s leading female fitness studios Flirty Girl Fitness. The funding consisted of an interest free bank loan financed by Toronto Dominion Bank and a secondary loan from the BDC.
Flirty Girl Fitness, brainchild of sisters Krista and Kerry Knee, opened its first location in Toronto in 2005 and is evolving fitness for females making it innovative, unique and entertaining. Currently, Flirty Girl Fitness has three flagship locations, one in Toronto and two in downtown Chicago. As the business continues to expand the Knee sisters saw the opportunity to find a larger, more accessible studio space in the popular King West Area of Toronto. They used the funds received from the financing to expand the business, and just recently, Flirty Girl Fitness has switched locations to accommodate more classes and an increase in class size. The new Location is 580 King St. West.
“We are happy to have helped and worked with Flirty Girl Fitness” commented Devon Cranson, President of Cranson Capital, “The new location is a significant milestone for the Knee Sisters and the expansion in space and capacity is definitely an achievement. Although I can’t speak from personal experience, I know that their business is already extremely successful, and ideally positioned for continued growth.” He added, “On behalf of the Cranson Team, we would like to congratulate Flirty Girl Fitness, Krista and Kerry”
About Cranson Capital
Cranson Capital is a boutique investment banking firm which focuses on providing financial and advisory services to small to medium sized growth businesses. The business consists of two divisions; Cranson Capital Securities and Cranson Capital Solutions, both of which offer unique services to support our investors and entrepreneurs. Cranson Capital Securities is registered with the Ontario Securities Commission as an Exempt Market Dealer and specializes in raising capital from accredited investors for private placements in real estate developments, technology start-ups and high growth companies. Cranson Capital Solutions is a corporate finance advisory firm which focuses on finding the right financing solutions for our entrepreneurs.
About Flirty Girl Fitness
Flirty Girl Fitness is one of the top fitness facilities for women in Toronto since opening in December 2005. Started by Krista and Kerry Knee, the girls opened their second flagship location in Chicago in 2007 and are now working on their third in Lincoln Park Chicago. The studio offers a wide variety of classes which are unique, exciting and entertaining.