CEF | Canadian Equipment Financing

Mining

Mining

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Pre-Approved Equipment Line
$12,000,000

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.

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Sale and Leaseback
$7,000,000

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.

Equipment Purchases

Equipment Purchases
$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.