Finance for Mining & Resources Businesses

Short contract history is one of the most common challenges for mining contractors. We work with lenders who will consider the quality and length of your current contracts, the creditworthiness of your principal contractor or mining company client, and your equipment's residual value when assessing your application.

Mobilisation costs are a real challenge for new contractors — you have significant upfront expenses before any revenue comes in. We can structure facilities that fund mobilisation costs against the strength of your contract, reducing your cash outlay at the most critical phase of a new project.

Exploration companies are challenging for mainstream lenders due to pre-revenue status and asset uncertainty. We work with specialist lenders and private credit providers who understand exploration stage companies and can provide working capital, equipment finance, and in some cases project finance for advancing resources projects.

Yes, in many cases. Low-doc and asset-lend equipment finance options are available where the equipment itself provides sufficient security. We can often structure equipment deals based on the asset value and contract position rather than requiring extensive business financial history.

Yes — large exposures are a speciality. With experience in transactions up to $70M from our NAB commercial banking background, we are comfortable structuring and presenting large resources lending transactions and can access syndicated facilities and private credit where required.