Mining Equipment Financing

Mining Equipment Financing

Mining Equipment Financing

We arrange financing for yellow iron, underground fleets, processing plants, and ancillary assets. Options include TRAC and FMV leases, secured equipment loans, sale-leaseback on owned units, and asset-backed lines tied to receivables and offtake. Structures are built around utilization, maintenance cycles, and project cash flows.

Assets We Finance

Surface And Underground
Dump trucks, excavators, loaders, dozers, drills, underground LHDs, bolters, jumbos, utility vehicles, support equipment.
Processing And Power
Crushers, mills, screens, conveyors, gensets, transformers, mobile and modular plants, dewatering units.
Support And Ancillary
Fuel trucks, graders, water carts, tyre handlers, workshops, telemetry and fleet management systems.

Financing Options

TRAC Lease
Fixed rentals with a stated residual. Suits high residual assets and contract miners with predictable hours.
  • Tenor 36 to 72 months
  • Residual 10% to 25% typical
FMV Lease
Lower rentals during term with purchase at fair market value or return at end of term subject to condition.
  • Tenor 24 to 60 months
  • Best for fleets with fast tech refresh
Equipment Term Loan
Amortizing loan secured by the asset with lien and insurance assignment. Works for new or used OEM units.
  • Tenor 24 to 72 months
  • Loan to value 60% to 85%
Sale-Leaseback
Unlock equity from owned units to fund expansion or overhauls. Title transfers to lessor with buyout option at maturity.
  • Ticket size USD 1M to USD 50M
Asset-Backed Line
Revolver secured by fleet and receivables to cover spares, tyres, and working capital during ramp up.
  • Availability tied to eligible AR and net book value
Vendor Programs
OEM aligned programs with progress payments, performance bonds, and acceptance protocols linked to commissioning.

Funding Criteria

Eligibility
  • Mining companies and contractors with 2+ years operating history
  • Audited or review level financials
  • Named offtake or mining contract preferred
  • KYC and AML cleared principals
Deal Size And Tenor
  • USD 1M to USD 100M per program
  • 24 to 72 months depending on asset life and hours
  • Equity 10% to 25% per unit or per batch
Security And Controls
  • First lien on units and spares lists
  • Insurance with lender or loss payee endorsement
  • Telemetry or hour meters for utilization tracking
  • Assignment of contracts or receivables where required

Underwriting And Closing

1

Intake

Equipment list, supplier quotes, project plan, and financials uploaded to a secure data room. Initial KYC and AML screen starts.

2

Indicative Terms

We issue an option set across lease and loan routes with pricing bands, tenor, equity, and security requirements.

3

Credit And Docs

Counterparty checks, valuation where needed, and legal drafting. Liens, insurance endorsements, and any contract assignments are set up.

4

Closing

Conditions precedent satisfied, supplier paid according to draw schedule, assets delivered and booked, monitoring starts.

Request Mining Equipment Financing

Send your equipment list, supplier terms, and project plan. We will reply with structure and timeline.

Start Your Mandate

Financely acts as arranger and underwriter. Financely is not a bank and does not directly lend. All financing depends on due diligence, KYC and AML screening, credit approval, and executed documentation. This page is indicative and does not constitute an offer.

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.