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Mining Equipment Finance & Leasing

Supplier: Finlease (Australia)

Solutions that hit pay dirt.

Price Guide (Inc GST): POA

Heavy mining 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 that understands the mining industry.

Perhaps you’re after a continuous miner, shuttle car, underground loader, 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 acts as advocates who can represent your credibility to major financiers to secure funding at attractive rates. The more accurately and favourably we can portray your case, the better the terms.

We prospect cross a wider field
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 loan against the mining equipment itself, without putting your personal property at risk.

We’ll do some exploring of our own
A Finlease mining finance specialist will first visit your business, or your worksite, to better understand your unique operation. Whether you need a single machine or a complete mining equipment solution, we can determine which finance tools to employ, including rental, operating lease, chattel mortgage and other solutions.

So we’ll try and source a package that suits issues like your current loan commitments and cash flow, to help you get the equipment you need.

More financial muscle
Finlease has over $350 million on loan annually, giving us considerable clout to secure your mining equipment loan at preferential rates.

  • We handle the whole process from application through to approval.
  • 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 earthmoving 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 mining equipment, without requiring real estate as security.
  • We negotiate with the supplier of your choice, order the invoice and prepare all the paperwork ready for your signature.
  • We pay the supplier, you take delivery of the mining equipment, it can be as easy as that.
  • Finlease can also arrange 'pre-approved' amounts for future acquisitions.

Please note that Finlease service Australian customers only.