Mining Equipment Finance

Heavy equipment can bring with it a heavy burden when it comes to financing. Compounding this problem is the fact that right now, finance is becoming harder to secure due to a number of prevailing conditions, both locally and offshore. So it pays more than ever to utilise a specialist equipment finance broker like Finlease that understands the mining industry.

Selecting Mining Equipment Finance with Finlease also means:

• We handle the whole process from application through to delivery.
• Finlease can also arrange Import/Trade finance (i.e. a Letter of Credit) as a part of the long term business finance as required.
• If required, we can facilitate Telegraphic Transfers secured by Escrow Finance Documents (a loan document which commits you to the term debt on the mining equipment).
• Finlease can provide the requisite Foreign Exchange Cover including any Currency Hedging for imported equipment.
• In the majority of cases your loan is secured against the equipment, without requiring real estate as security.
• We liaise with the supplier of your choice, order the invoice and prepare all the paperwork ready for your signature.
• Finlease can also arrange ‘pre-approved’ amounts for future acquisitions.
• We pay the supplier, you take delivery of the equipment, it can be as easy as that!

You can complete our Mining Equipment Finance application now, without obligation.

Or why not give us a call on 1800 358 658.
10 minutes is all it takes to obtain the majority of information required for an application!

Our Mining and Equipment Finance experts are ready to help!

We get to know your business, so you get the right solution!

Perhaps you are after a shuttle car, underground loader, vehicles, an all-terrain dump truck or the latest Long Wall Continuous Miner? We’ll take the hassle out of sourcing the most suitable finance. Finlease act as advocates who can represent your position to major financiers to secure funding on attractive terms and conditions. The more accurately and favourably we can portray your case, the better the facility.

That’s why a Finlease mining finance specialist will first visit your business, or your work-site, to better understand your unique operation. Whether you need a single machine or a complete equipment fleet replacement, we can determine which finance tools to employ, including rental, operating lease, chattel mortgage and other solutions. We’ll source a package that suits your current situation and cash flow, to help you get the equipment you need to expand.

Don’t be stuck with just one financier!

With more than 20 leading lenders at our disposal, we can tap into more institutions and spread your loans across various lenders.

We recommend not putting all your loans with the one bank. As your business grows, banks may want you to secure loans against real estate, restricting your options in the future. Yet in 99% of cases, Finlease can secure the equipment loans against the mining equipment itself, without putting your personal property at risk.

Finlease also has over $350 million in loans written annually, giving us considerable clout to secure your mining equipment loan at preferential rates.

What’s more, if you are not satisfied with our solution, simply walk away with no cost. We are delighted to seek approvals as over 85% of them are taken up by clients!

You can complete our Mining Equipment Finance application now, without obligation.

Or why not give us a call on 1800 358 658.
10 minutes is all it takes to obtain the majority of information required for an application!

Our Mining and Equipment Finance experts are ready to help!