Pre-Approved Equipment Line
We provided an operating lease facility for a large cap company purchasing underground scoops and bolters. The lease was structured over 36-48 month terms with $1.00 option to purchase at end of term. We were able to help the company preserve cash for future exploration.
Sale and Leaseback
An existing mine operator was required to recapitalize the balance sheet prior to their fiscal year-end. We provided a fully amortizing capital lease over a 48 month term leveraged on existing rolling stock equipment. The lease facility had no financial covenants and no monthly or annual reviews - a true non-demand facility.
$100,000 - $2,500,000
We provide an independent lease facility to help fund annual CapEx requirements. The lease is secured by rebuilt bolters and drills over 36-48 month terms, structured with 25% purchase options. Since 2015, we have funded over $2,500,000 - providing the right structure and diversified funding.