Mining Equipment Financing

Mining Equipment Financing

We arrange capital for haul trucks, loaders, drills, crushers, process plants, conveyors, and power systems. New or used. Single asset or full fleet. The deliverable is a signed term sheet and a funding schedule that fits the mine plan, with filings, insurance, and supplier settlement executed under documented controls and predictable timelines.

We size advances to invoice cost or forced sale value, align tenor to ramp up, and structure disbursements against delivery and commissioning. Execution includes perfected security, insurance assignment, and, where applicable, letter of credit or standby support with clear wording and defined responsibilities.

Suitable Situations

Owners and Operators

  • Brownfield or greenfield projects with defined ramp up and offtake path.
  • Refinancing of unencumbered fleets to release liquidity.
  • Fleet renewal linked to maintenance and rebuild schedules.

Contractors and OEM Programs

  • Mining services contractors with active contracts and step in rights.
  • Vendor-supported deliveries with LC or SBLC settlement to the OEM.
  • Cross-border shipments requiring confirmed payout certainty.

Funding Workflow

Stage Deliverable
1) Intake and Eligibility Equipment list and quotes, site plan, production schedule, initial advance sizing and structure options.
2) Indicative Terms Term sheet with tenor, advance rate, covenants, security package, and draw timetable.
3) Diligence and Security Valuations where required, lien searches, filings, insurance assignment, LC or SBLC setup and advising arrangements.
4) Funding and Draws Milestone-based disbursements to the supplier or to the borrower against delivery, inspection, and commissioning evidence.

What You Get

Item Detail
Underwriting Memorandum Mine plan linkage, cash flow fit, advance rationale, risk factors, and monitoring cadence.
Term Sheet Alternatives Asset-based loan, finance lease, operating lease, sale and leaseback, or blended structures if eligible.
Security and Filings Pack First lien on equipment, local filings, insurance assignment, and parent support where needed.
Vendor Settlement Setup LC or SBLC wording, advising details, and optional confirmation for payout certainty.

Expert Team

Equipment Finance Lead
Aligns advance rates and tenor to production curves, maintenance windows, and site constraints.
Trade Finance Lead
Sets LC or SBLC wording, manages advising or confirmation, and coordinates supplier payout mechanics.

FAQs

What advance rates are typical?
Up to 70 to 85 percent of forced sale value or invoice cost, depending on asset, age, jurisdiction, and counterparty profile.
How long does funding take?
Prepared files receive eligibility and term sheets quickly. Diligence to closing typically requires several weeks, depending on filings, valuations, and supplier schedules.
Can this facility sit alongside project debt or working capital?
Yes. We map intercreditor points, reporting cadence, and dominion controls so the facility fits cleanly with project loans or asset-based lines.

Request Equipment Financing Terms

Send your equipment list, quotes or invoices, site location, production schedule, and target timeline. We will return eligibility, structure options, and a documented path to a firm term sheet.

Contact Us For Terms

Disclaimer: Financely acts as advisor and arranger through regulated partners. We do not hold client funds. Any financing is subject to underwriting, KYC, AML, sanctions screening, documentation, perfected security, insurance, and approvals by relevant stakeholders. No public solicitation.

Get Started With Us

Submit Your Deal & Receive a Proposal Within 1-3 Working Days

Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.


All submissions are promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.

Express Application Submit Your Deal
Request a Proposal
Request a Proposal / Submit a Deal

Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.

Trade Finance

Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.

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Project Finance

Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.

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Acquisitions

Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.

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For Banks

Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.

Submit a Request

Once we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.

Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.

Still Have Questions? Schedule a Consultation

If you still have questions after visiting our FAQ and Procedure pages, we invite you to book a paid consultation for personalized guidance. A $250 USD fee applies per session.