Looking For A Great Deal On Mining Equipment Finance?

As Australia’s mining equipment finance experts, we offer Australia’s best rates, professional Australia wide service, quick approvals, no/low doc finance, and flexible leasing options. Apply online today to receive instant pre-approval for your mining equipment loan or lease

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Only 5 easy questions!

Professional Service & Comprehensive Finance Solutions Custom Tailored For You

Low Rates and Fees

We offer the most competitive rates in the industry.

Approvals Within 24 Hours

Apply online for instant pre approval. Get your formal approval within 48 hours in most cases.

No Financials Up To $500k

No paperwork, no financials, no hassle.

Wide Range of Lenders

We have access to the widest range of lenders including the big banks & specialist financiers.

Easy Application

No complicated forms and unnecessary paperwork. Simply apply online or call 1800-334-345.

Professional Advice

Our professional & friendly finance consultants specialise in mining equipment finance and have extensive experience in the construction industry. We’ll be with you every step of the way.

Why Chevron Equipment Finance?

We understand the complexities of the mining industry and most importantly we understand the equipment required to get the job done. This means we can provide you with personalised solutions to meet the needs of your growing business so that you’ll thrive rather than just survive.

We finance both new and second hand mining equipment purchased through dealers, auctions, private sales or even offshore.

We have an experienced and friendly team ready to help you with your funding requirements. We are committed to providing the highest level of service and achieving the best outcomes for our clients to ensure their success.

All of our finance approvals are obligation fee and our first answer is always ‘yes’.

We offer great rates & quick approvals.

Application is easy – simply apply online or call us on 1800-334-345.

Australia’s Mining Equipment Finance Experts

Mining equipment finance is a high stakes business where your funding structures and lenders can be the difference between whether or not you’re profitable and sustainable.
Mining equipment finance covers major mining operators and mining services providers such as equipment rental companies and provides flexible lending solutions to meet the cash flows of the mining contracts.

Tailored solutions are offered to ensure a fair balance between meeting the profile of the businesses cash flows whilst also balancing ROI with equipment equity to not only ensure ongoing profitability though also sustainability across the price cycle.

Case Study: During the mining boom times we worked with a client who had major growth aspirations in mining services. He had an idea of where he wanted to get to and the work flow to support his goals however didn’t have a funding roadmap to get him there.

We worked with the client to understand the future funding needs of the business and were able to implement a funding strategy across many different lenders which amassed over $40m in lending without any banking covenants.

The transactions were structured to ensure there was sufficient ROI and free cash flow for growth, however they also worked to build equity in the equipment quickly. The combination of this equity and lack of banking covenants has allowed the business to ride out the worst of the commodity cycle and is now in an excellent position to capitalise on upcoming work as conditions improve.

The Application Process

  • Step One: Complete our Pre Approval form – only 5 easy questions.

  • Step Two: From the details you provide, one of our specialist equipment finance brokers will be able to instantly determine whether you’re likely to be approved or not.

  • Step Three: If the chances of approval are high, your broker will request a small amount of information from you which you can easily send through via email.

  • Step Four: Once your information is received, your broker will spend approximately 10 minutes on the phone with you to properly understand your situation and requirements to ensure the most appropriate lender is used.

  • Step Five: All going well, 24-48 hours later you will receive notification of your approval.

Alternatively, give one of our team a call on 1800 334 345 and we’ll come to you anywhere in Australia to discuss your requirements and provide a solution.

Mining Equipment Finance Guide

New Start Businesses

We are able to arrange no deposit finance for applicants with industry experience. Often a deposit or collateral security (such as another piece of equipment owned by the applicant) is required when financing mining equipment for a start up business. However because we take the time to understand your business better we can often avoid or minimise the amount of equity you need to contribute. So please talk to one of our finance consultants to see how we can help you.

Securing The Best Rate

There are a number of factors that will affect the interest rate of your mining equipment loan. The best interest rates are offered on mining equipment that is less than five years old at the time of purchase. We can also arrange finance for older mining equipment but the interest rate may not be as sharp based on the increased risk of an older asset. Lower interest rates may also be offered to an applicant if they have a stable business history with at least two years’ financial statements.

Proof of Income

We require no proof of income for loans up to $500,000 where the applicant has been in business for at least two years, they are purchasing a new or near new mining equipment, they have at least 12 months good payment history on a similar equipment loan, the applicant is asset back and their taxes are paid and up to date.

Bad Credit History

It may be more difficult to obtain finance if an applicant has a limited or poor credit history. However we have several lenders that will consider minor credit issues including rent-to-own products which are much more flexible than traditional lending options.

Mining Equipment Finance FAQs

Can I finance used mining equipment?

Yes, we can find you finance for both new and used mining equipment.

Can I get a mining equipment loan without a deposit?

Yes – we offer no deposit finance options. This means you may be able to purchase your mining equipment without any collateral or a deposit.

Can I get finance for more than one piece of mining equipment?

Yes – we can help individuals and businesses of all sizes with any mining equipment purchase. Whether you’re looking to buy a 5T van or a fleet of mining dump trucks, we’ll be sure to find you the best mining equipment finance option that meets your needs.

Can you help me even if I have bad credit?

We can find competitive mining equipment finance solutions for you or your business even if you have bad credit (subject to some conditions) – please talk to one of our finance consultants to see how we can help you.

I’m interested in rent to own options for mining equipment – can you help me?

Yes – our network of lenders offer a variety of flexible leasing and rental options to suit the needs of your business.

Can I purchase my mining equipment at the end of rental period?

Yes – you can purchase your mining equipment at the end of the lease by paying out the residual value at the end of the lease term. Our flexible lease options also allow you to exchange your mining equipment for a new one by trading it in at the end of the lease.

Can you help me with finance for my mining equipment?

Yes – our finance consultants specialise in arranging finance for mining equipment.

Can I finance mining equipment if I buy it from an auction or second hand?

Yes – you can purchase from any reputable auction house or from a private seller. Our finance consultants will work with the private seller to ensure all of the transaction paperwork is correct so that you can be sure to receive the title to your new asset.

Can I finance mining equipment that’s located in a different state?

Yes – our network of finance consultants and vehicle inspectors gives you the flexibility to purchase a mining equipment from anywhere across Australia.

Need Mining Equipment Finance?

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