Mining Equipment Finance
Dark Horse Financial arranges mining equipment finance for Australian mining, construction and transport operators, covering dump trucks, excavators, dozers, drill rigs, light vehicles and processing plant. Whether you need to acquire new equipment or lease mining equipment you already own to release working capital, our credit-licensed brokers match you to a large panel of bank and non-bank lenders who assess facilities on the value of the asset and forecast production, not just your historical financials.
Quick Enquiry
Get a free, obligation-free assessment for equipment finance.
How to Apply for Mining Equipment Finance
Three straightforward steps from enquiry to funded equipment or released capital.
Contact Our Team
Submit a quick enquiry or call us directly. We'll ask about the equipment involved and whether you're acquiring new plant or borrowing against equipment you own.
Contact Us →Submit Your Application
Provide your business details, financials and equipment information. We'll manage the application and coordinate any independent valuation required.
Start Application →Get Funded
Once approved, documentation is finalised and funds are released, either to acquire equipment or into your business, while you keep working the asset.
Get Funded →Rated by Our Clients on Google
What Is Mining Equipment Finance?
Mining equipment finance is finance secured against heavy mining, construction or transport equipment, either to acquire new or used plant or to lease mining equipment you already own outright and release the capital tied up in it. Structures range from traditional asset finance to raise capital against equipment already on your books. The right structure depends on whether you're acquiring equipment or unlocking value from what you already hold.
Traditional Asset Finance
A finance facility to purchase new or used mining equipment, with the equipment itself standing as security. Structured as a chattel mortgage, hire purchase or finance lease depending on your business's needs.
Rolling Rental (Rent-to-Own)
A rolling rental agreement, renewed periodically rather than locked into one long-dated contract, gives your business flexibility to use equipment while managing cash flow and balance sheet exposure.
Raising Capital Against Owned Equipment
If your business owns equipment outright, a sale-and-leaseback or asset-backed facility can release a percentage of its value as working capital, while you keep operating it day to day.
What Equipment Can Be Financed?
Our lender panel finances a broad range of mining, construction and transport equipment used across Australian mine sites and haulage operations.
Dump trucks, including large-capacity units like the Caterpillar 777
Excavators, from compact units to large mining-class machines
Dozers used for site clearing, levelling and overburden removal
Drill rigs for exploration, blast-hole and production drilling
Light vehicles, including utes and personnel transport for site use
Processing plant and fixed or mobile crushing and screening equipment
Financing a Cat 777 Dump Truck
Two common scenarios for the industry's most-financed dump truck, explained in detail.
Who Is Mining Equipment Finance Suitable For?
Choose mining equipment finance when:
- You're a mining, construction or transport operator needing to acquire equipment
- You own equipment outright and want to release working capital against it
- Your business needs new or replacement plant but wants to preserve cash
- A bank has declined finance based on limited trading history despite strong forecasts
- You'd rather lease mining equipment than tie up capital in outright ownership
- You need funding structured around the asset, not just your balance sheet
Am I Eligible for Mining Equipment Finance?
Eligibility depends on the equipment and your business's circumstances, not a single fixed rule. Lenders on our panel weigh up:
- The type, age, condition and resale value of the equipment
- Whether the equipment is unencumbered or already carries finance
- Your business's operating history and cash flow, including forecasts
- Time in business and the industry you operate in
- Whether the facility is for acquisition or raising capital against owned equipment
- Available deposit or equity, where relevant to the structure
Check Your Eligibility
Get a free, obligation-free assessment of your equipment finance options before you apply anywhere else.
Get a Free Assessment →Case Study: $7.8M Released Against Five Cat 777 Dump Trucks
Challenge: A mining company forecasting strong profit was declined by major banks, which lend on historical financials rather than forecasts and were unconvinced by the business's thin trading history and past cash burn as it moved into production.
Solution: Dark Horse Financial arranged a sale-and-leaseback facility secured against five unencumbered Caterpillar 777 dump trucks the company already owned, releasing $7.8 million in capital at 80% loan-to-value ratio.
Outcome: The $7.8 million facility settled and the business kept operating all five trucks throughout, without any interruption to its mining operations.
This example is provided for general information only. Facility structures, including rolling rental arrangements, are assessed case by case, and any accounting or tax treatment should be confirmed with your own accountant before you rely on it.
Why Choose Dark Horse Financial for Equipment Finance?
Lenders Who Understand Heavy Equipment
Access to non-bank and specialist lenders who assess mining and construction equipment finance that mainstream banks often decline outright.
Broker Access, One Application
See multiple equipment finance options through a single enquiry, instead of applying lender by lender for your dump trucks, excavators or plant.
Fast Turnaround
Applications are assessed promptly so your business can acquire equipment or release capital without unnecessary delay.
Acquire or Release Capital
Dark Horse arranges finance to buy new equipment and facilities to raise capital against equipment you already own.
Specialist Expertise
Led by a working capital specialist with nearly 15 years' experience in SME and mining sector business lending.
No-Obligation Assessment
A free initial assessment of your equipment finance options, with no obligation to proceed.
Frequently Asked Questions
Common questions about mining equipment finance, answered directly.
* Disclaimer: Loans and the benefits associated with them are only available to those who have been approved. The information provided on this page is general and does not consider your individual circumstances. It is not meant to serve as a substitute for professional advice, and you should not rely on it for any decisions. Always consult with a professional regarding finance, tax, and accounting matters before making any choices or taking action.