STAR SQUASH
Last updated: May 24, 2026

Pilot Program Terms

The Star Squash financing pilot lets a small number of U.S. squash clubs install or refurbish glass courts without paying upfront — the build cost is repaid over time from a defined share of future bookings, secured by a standard UCC-1 filing. This page outlines the structure of the pilot in plain English.

This document is descriptive, not contractual. Nothing on this page is an offer of credit, securities, or a partnership. Final terms for any participating club are set in a signed agreement between that club and Star Squash, LLC, after a discovery call and underwriting review.

1. Who can apply

  • Operating racquet club, fitness facility, or community center in the United States — existing, expanding, or opening within 12 months
  • 6–12 months of documented operating history (court bookings, member dues, lessons, or guest fees) — newer facilities may qualify with a sponsor or operator that has comparable history
  • Willingness to run club operations on Orangish (or another platform that gives Star Squash a verifiable, monthly read of receipts)
  • Owner / board approval to install or refurbish the courts the pilot will fund

2. What we build

The pilot covers any combination of:

  • New all-glass court installation (typically 1–4 courts)
  • Refurbishment of an existing court — glass-front conversion, sports-floor replacement, lighting upgrade
  • Conversion of an unused space into a tournament-grade court

Court systems are manufactured by CGG Squash — Star Squash is CGG's authorized U.S. installation and service partner. Design, project management, install, and post-build service are all Star Squash.

3. Underwriting

Before we propose a build budget we review:

  • 12 months of historical revenue across court bookings, lessons, memberships, guest fees, and (optionally) retail
  • Projected post-build revenue — incremental court hours, expected new members, programming pipeline
  • Existing senior debt or financing on the facility (we check UCC-1 priority before filing our own)
  • The cost and scope of the proposed build

The output is a per-club proposal listing: build budget, revenue-share percentage, payback cap, and term length.

4. Financing structure

  • Advance. Star Squash funds all or a portion of the build cost.
  • Revenue share. A defined percentage of future bookings — collected through Orangish or an equivalent platform — routes monthly to Star Squash.
  • Cap. Total payback is capped at the build cost plus a defined return. Once the cap is reached, the lien is released and routing stops.
  • Flex. The share is a percentage of revenue, not a fixed monthly payment — slow seasons flex with the club, not against it.
  • No personal guarantee. The owner is not personally on the hook.
  • No equity, no board seat, no franchise.The club stays 100% the club's.

5. Security

  • Standard UCC-1 filing against future platform receivables
  • No lien on real property, equipment, or unrelated club assets
  • Filed in the state where the participating club is organized
  • Released automatically when the cap is reached

6. Term

  • Typical payback window: 3–7 years
  • Maximum term: 10 years from substantial completion
  • Early payoff permitted at any time at the agreed cap

7. Selection process

  1. Submit the proposal-request form on starsquash.com
  2. 30-minute discovery call (typically within 72 hours)
  3. Non-binding letter of intent + underwriting review (2–4 weeks)
  4. Site visit + final proposal
  5. Signed agreement and UCC-1 filing
  6. Permitting, design, build, install (see our Process)

We're selecting a small number of pilot clubs for 2026 and 2027. Inclusion is at Star Squash's sole discretion and is not guaranteed by submission of an inquiry.

8. What the club keeps

  • 100% ownership of the facility, the brand, and member relationships
  • Full control over pricing, programming, and day-to-day operations
  • Title to the courts themselves (we hold a lien, not the asset)

9. What this is not

  • An offer of credit subject to truth-in-lending or other consumer credit laws
  • A securities offering or an investment opportunity solicited from the general public
  • A franchise or management agreement
  • A guarantee of any specific revenue, member growth, or return

10. Changes

Star Squash reserves the right to revise these descriptive terms before signing any per-club agreement. Once a per-club agreement is signed, the executed document controls.

11. Contact

Star Squash, LLC · contact@starsquash.com

This page is a marketing summary. For the binding terms applicable to a specific club, refer to that club's signed agreement with Star Squash, LLC.