Boulder Steel and Equipment Finance

Mining equipment is key to successful exploration projects. Within a competitive industry – where miners have to drill scarce resources equitably and sustainably – modern equipment and work standards set companies apart from one another. At Boulder Steel Mining, we share your commitment to upscaling your mining endeavours.

For this reason, mining equipment finance is an integral part of our service offering. We have the most trusted specialists in Australia to help you negotiate finance options perfectly suited to your business.

We operate a network that includes Australia’s major lending services. Besides, our chain of rental suppliers, secondary lenders, and operating lease facilities helps increase your finance options when you choose to partner with us

Our Finance Options

Looking to secure an equipment purchase loan should not be rocket science. At least, when you partner with Boulder Steel Mining. We have a variety of options. So, you can be sure to find a deal that is suitable for your business type, business objectives, and budget.

Finance Lease: At Boulder Steel Mining, we help negotiate agreements with leasing companies to buy equipment you can rent for an agreed period. The best part is that after completing periodic payments, the equipment becomes yours at the end of the lease term.

Hire Purchase: This finance option allows you to acquire mining equipment through an initial upfront payment sum. You later service the equipment purchase through instalments over an agreed period. This finance option allows you to buy during your hire. At the end of your instalments, the equipment becomes yours.

Operating Lease: With an operating lease, you get to use the equipment on hire. However, the downside to this finance option is that you cannot own the equipment after the agreed lease period.

Insurance Premium Funding: At Boulder Steel Mining, we cover the cost of your insurance premium. We negotiate with partner premium financing companies to service your property and equipment insurance. With this option, you can pay our partners and us at flexible monthly instalments while securing more business capital.

Rental: Arguably the most popular finance option in our offerings, rentals allow you to use the equipment for a specified period. This option is perfect for companies that do not intend to keep equipment in the long run.

Chattel Mortgage: You can get a loan for your equipment. However, you’ll provide a personal movable property that can serve as your loan’s security. While you buy equipment with your loan, we continue to hold interest in your property till you fully settle your equipment loan.

Sale & Hire Back: At Boulder Steel Mining, we also create room for equipment owners willing to secure income on their machinery. The sale and hire back option allows you to put up your equipment for hire purchase. That way, you can recover your cost of the purchase over an agreed period. Barring the option to purchase, you maintain ownership of your property even at the end of the agreement.

Our services at Boulder Steel Mining assures you of access to quality equipment and flexible methods to repay leases and loans. Are you ready to get started with mining equipment? Contact us today to discuss your preferred finance option.