Crunch Fitness Seeks to Borrow $800 Million From ABS Bond Sale

The bond sale would be backed by the company's franchise revenue, adding to a string of companies tapping the whole-business securitization market in recent weeks. This financial strategy allows businesses to convert future income streams into immediate capital.

Whole-business securitization has become increasingly popular as companies seek alternative funding methods beyond traditional loans or equity financing. The market has seen significant activity in this sector recently.