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Pure Capital Finance has a strong association with the mining industry and can finance large mining trucks, dump trucks, wheel loaders, motor graders, scrapers, track loaders and track-type tractors.
Our knowledge and experience continues to add value to our customer’s operations. It’s not just sourcing, maintaining and financing the mining equipment – it’s our service, expertise, understanding of the industry, and the complementing packages that we offer.
Pure Capital's mining product packages, allow you will discover a unique combination of mining equipment, finance on demand and our ongoing proven processes, service and support to ensure you keep growing at a lower cost.
Mining Equipment Finance
Mining Equipment Finance solutions that work harder for your business.
Sourcing mining equipment finance can be a difficult when you’re trying to keep your business running successfully at the same time. So it pays to have a specialist mining equipment finance broker on your side who understands the industry.
Perhaps you’re after a continuous miner, shuttle car, underground loader, an all-terrain dump truck or the latest long wall continuous miner? Pure Capital Finance acts as your advocate in negotiating with the right financiers to secure your mining equipment finance at attractive rates and optimum terms.
Contact us now, tell us about the equipment you need and let’s discuss the optimum mining equipment finance structure. It‘s that easy.
Pure Capital Finance digs deeper.
We can source mining equipment finance from a broader base of capable lenders than simply popping down to your local bank. At Pure Capital Finance we recommend not putting all your mining equipment finance with the one bank. As your business grows, your bank may inadvertently hold you back and have your mining equipment finance wrapped up with other debt, much if which being against real estate. That can affect future growth. Yet in 99% of cases, Pure Capital Finance can secure your mining equipment finance against the equipment itself, without tying everything else in.
Access to 25+ of the country’s leading financiers
Our specialist finance broker work around the clock to get the job done
Pure Capital Finance focuses on service, reliability and speed to keep your business growing
Call us and let’s talk. A Pure Capital finance broker can even visit you on-site if required to get the ball rolling.
A wide range of solutions.
Once we come to the party with mining equipment finance, rest assured we can do a whole lot more for you as well. So think of Pure Capital Finance first for property finance or for other forms of business finance. We can also look at your personal needs, from car finance to pleasure boat finance . Whatever the task, the Pure Capital service remains the same.
We handle everything from application to settlement
Pure Capital Finance can also arrange Import/Trade finance (i.e. a Letter of Credit) and provide the requisite Foreign Exchange Cover including any Currency Hedging for imported equipment.
Pure Capital can also arrange mining equipment finance for ‘pre-approved’ amounts for future acquisitions.
If you really like filling out forms, you can complete a mining equipment finance application now. However it is much easier to just ring us and we will do all of that as a part of what we do and that is to make it easy! Call us on (02) 8091 3778
Read what they’re saying about Pure Capital Finance
Before shopping around for mining equipment finance, visit Google Reviews for some unedited, unbiased views from business operators who have been there and done that. These are a few comments from real clients:
"Huge thank you to Sam and the team at Pure Capital Finance for their 5 star service. I was on a tight deadline to get my Bulldozer financed to fulfill a new work contract and the team worked tirelessly to find the best solution for my personal circumstance and managed to have the funding secured, and the asset paid for in just 1 business day! I will definitely recommend them to all my colleagues, family and friends!"
"What a company! The customer service was outstanding. Massive thank you to Sam who approved my loan in only 4 hours. Its important that these processes are hassle free and that service is exactly what I received. Will definitely be recommending Pure Capital Finance to everyone!"
"My experience with Pure Capital Finance was so easy from start to finish. Their "outside the box" approach allowed me to grow my business to the next level. I can't thank Sam enough for his high level of transparency and excellent communication throughout. Happy to recommend their five star service."
Pure Capital Finance Benefits
Get funding fast
The equipment acts as security for the loan
Frees up working capital
Get equipment without paying for it upfront
Manage your cash flow with fixed instalments
You can claim tax deductions
Options are available for bad credit
Start a new contract with the latest technology at the end of your current contract
Mining Equipment Finance
Up to 100% of Equipment Value
1 to 10 years
Starting at 5.2%
Time to fund:
As little as one day
How does Mining Equipment Finance work?
Getting a mining equipment on loan or lease can be a short, streamlined way to finance up to 100% of the value of any equipment you need.
It comes in many options including leases, hire purchase, loans and chattel mortgages, for example:
A standard equipment loan allows you to borrow up to 100% of the cost of equipment with fixed repayments. The equipment is generally the only security required for the loan.
A finance lease is a form of a rental agreement because the lessor owns the asset. At the end of the lease you have the option of purchasing the asset (for a residual amount agreed upfront), trading in the asset for new equipment or simply terminating the lease.
There is a risk that at the end of the lease the asset will be worth less than the residual value. One of the advantages of a finance lease is that the lender pays the GST component; this makes your payments lower.
This type of lease is ideal for equipment such as technology equipment that needs regular replacement. It is similar to a finance lease but the risk of the market value being lower than the residual value is with the lender, not with you.
At the end of the lease period, you simply return the goods to the financier. In this type of lease, the equipment is not listed as an asset on your balance sheet and therefore you cannot claim depreciation. You can, however, claim the lease payments as a tax deduction.
A “chattel” is a moveable asset (i.e. it’s anything other than real estate). With a chattel mortgage you own the equipment from the beginning of the term of the lease. With a chattel mortgage, only the interest component of the lease payments are tax deductible – but you can also claim a deduction for the depreciation of the asset. In addition, you can claim a credit for the GST component on your BAS statement.
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Pure Capital is committed to helping meet your asset finance needs. We want to be your trusted business advisor and hope to build a partnership for life. We work hard to ensure that you receive great service and a bespoke package to suit your unique needs and financial requirements.
We offer different loans to suit different situations. Whatever yours is, we’ve got you covered:
No age limit on assets
Credit impaired Approvals
Low doc finance up to 500k
Same day funding
Dealer or Private sale
Access to over 20 lenders