Whether you're adding two courts to an existing club or opening a covered multi-court venue, we help you put together funding for the courts, canopies, lighting and fit-out.
Nexgen Business Finance Limited is a credit broker, not a lender, and an Appointed Representative of AFS Compliance Limited, authorised and regulated by the Financial Conduct Authority (FRN 625035).
Padel court finance is funding that spreads the cost of building or upgrading padel courts, and the canopies, lighting and facilities around them, over monthly payments. It usually combines asset finance for the court systems and equipment with a business loan or other funding for groundworks, building works and fit-out.
Padel projects are capital-heavy. Even a small outdoor installation involves court enclosures, artificial turf, lighting, a ring beam, base and drainage, and a canopy adds a further structure, foundations and drainage design. Bigger venues may also need a building conversion, a clubhouse, a café or bar, changing rooms and booking technology.
As a broker, we look at the whole project and help you split it in the way lenders are most likely to support. Some lenders on our panel will fund court systems and canopies on asset finance; others prefer to see those combined with a loan, your own investment and, for some clubs, sport-specific funding. We'll work alongside your court supplier, contractor and accountant so the funding fits the build programme.
For a step-by-step look at planning the money side, read our guide on how to fund a padel club, or see how we support the wider sector on our sport and leisure finance page.
Fund court systems, glass and mesh enclosures, turf and canopy structures, subject to lender.
LED floodlighting, access control, booking systems and replay screens can often be included.
Spread the cost of changing rooms, café, bar and reception areas through fit-out finance.
Already built with cash? You may be able to release funds from courts you own outright.
Predictable repayments make it easier to plan against court bookings and membership income.
We compare lenders across our panel, including those comfortable with leisure projects.
| Asset finance | Business loan | |
|---|---|---|
| Best for | Court systems, canopies, lighting, equipment | Groundworks, building works, fit-out and working capital |
| Security | The assets financed | May be unsecured, or secured on property or other assets |
| Deposit | Often 0–20% depending on lender and asset | Not usually, but lenders may expect your own investment |
| Term | Usually matched to the life of the asset | Typically 1–7 years |
| Things to know | Groundworks have little resale value, so may not be funded this way | Personal guarantees are common for newer operators |
The LTA's 2025 padel court construction guidance gives indicative installed costs, excluding VAT and fees, based on delivered projects. It puts a single court with lights, plus the ring beam, base, ducting and drainage, at around £71,000, rising to around £268,000 for four courts. A canopy over the courts, including foundations, drainage and a rain screen, is put at around £95,000 for one court and around £316,000 for four.
These are guides only. The LTA notes that location and site conditions will determine the final cost, and planning consent is required for new courts and for canopies or indoor structures. Clubhouse works, building conversions, professional fees and VAT sit on top, so get firm quotes before you set your funding budget.
The LTA's Facility Loan Scheme, funded by the LTA Tennis Foundation, supports venues expanding their facilities and prioritises covered courts. For outdoor and covered padel, the LTA says it can invest up to 50% of the project cost with a repayment term of up to five years, depending on financial need, participation impact and affordability.
It is not open to everyone. The LTA says applicants must be properly constituted, not for profit, inclusive and accessible, and it cannot fund individuals or companies limited by shares. Applicants need adequate security of tenure, and the LTA may take security, including a legal charge on the land for larger loans. Commercial padel operators will usually need other funding, but if you run a not-for-profit tennis club adding padel, it's worth checking the LTA's current terms alongside commercial options.
Padel is a growing sport, but lenders will still look hard at each project. The stronger your preparation, the wider your choice of lenders is likely to be.
We helped Padel Power arrange funding for its venue in Northampton, a project involving multiple courts and work on the building. In the customer's interview, they described seven double padel courts and two singles padel courts, alongside a pickleball court, table tennis, a gym and a Pilates studio.
In their words: "Working with NexGen is so quick and easy. Those guys are only ever a phone call away." That is one customer's experience; funding times and outcomes vary according to the application and provider requirements.
Information checked on . General information only, not financial, legal or tax advice. Finance is subject to status and lender approval.
Real funding stories from businesses we have worked with.
Discover how we helped Padel Power arrange funding for its Northampton sports venue—and why an existing relationship with Josh and Taylor made Nexgen the team they chose to work with…
Read the full story →NTFC Case Study: Learn how Northampton Town secured finance to finally complete the East Stand development. Solutions explored via Nexgen Business Finance
Read the full story →Historical outcomes do not guarantee similar finance terms or results.
We've helped fund padel venues and we're seeing real demand from operators planning their next site. In this short video, our directors talk about financing the next wave of padel clubs.
A two-minute enquiry or a quick call.
Matched to high-street, specialist and niche lenders.
Options and terms, often within hours.
E-sign and funds are released.
Same account manager for future funding.
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Often, yes. Court systems, canopies and lighting can usually be funded on asset finance, while groundworks and building works may need a business loan or your own investment. Lenders will want to see a solid business plan, a suitable site and planning consent.
The LTA's 2025 guidance puts a single floodlit court with base and drainage at around £71,000, excluding VAT and fees, with a canopy adding around £95,000 for one court. Costs vary with site conditions, so get firm quotes before you finalise funding.
It's possible, but start-up venues are seen as higher risk. Expect lenders to look for operator experience, a realistic plan, your own contribution and often a personal guarantee.
The LTA says the scheme is for properly constituted, not-for-profit venues and is not available to individuals or companies limited by shares. If you're a not-for-profit club, check the LTA's current terms; commercial operators usually need other funding.
Yes, canopies can often be funded on their own. Lenders will want to see planning approval and quotes covering the structure, foundations and drainage, which the LTA recommends are designed by a structural engineer.
No. We are a credit broker, not a lender. We compare lenders on our panel and help you prepare your application, and every decision is made by the lender.
Not quite the right fit? We arrange every major type of business finance and can compare options side by side for you.
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