Finance question
Equipment finance for mining contractors?
Yes. Haul trucks, excavators, dozers, graders, drill rigs, light vehicles, water carts and site and camp equipment are all financeable. Because the machine secures the loan, deals often approve in 24 to 48 hours, low-doc, up to $500,000, with larger plant able to step up from there.
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The short answer
Mobilise for the contract, not against your cash
Mining contractors carry heavy plant, and it is exactly what asset finance is built for. Haul and water trucks, excavators and dozers, graders, wheel loaders, drill rigs, crushing and screening plant, light vehicles for site access, gensets and camp and site equipment all qualify. Because each machine secures its own loan, the lender's risk sits in the plant rather than only in your accounts.
That security keeps approvals fast. A straightforward machine purchase often clears in 24 to 48 hours on a low-doc basis, and deals under a lender's threshold can settle with no financials, just your ABN, ID and the supplier invoice. When you win a site contract, you can mobilise the fleet without draining the cash a remote job demands.
Ventas is a broker, not a lender. We run your deal across 40+ lenders and place it with one that understands mining plant and can price heavy machinery well, with no upfront fee to you because the lender pays us on settlement. Larger plant can often be structured above the standard threshold.
Do you qualify?
What a mining deal usually needs.
The plant to fund
Haul trucks, excavators, dozers, drills or light vehicles.
An active ABN
Owner-operators and contracting companies both qualify.
New or used machines
New plant or quality used gear, dealer or private sale.
A supplier invoice
The machine quote is often the only paperwork needed.
Why finance suits a mining contractor
Pay from the site rate
Repayments spread the machine over the contract hours it works.
Mobilise without draining cash
Funding plant keeps capital free for crew, fuel and remote logistics.
Scale the fleet per job
Add machines as new contracts and scopes come online.
A real example
A contractor wins a site clearing scope and needs a used excavator and two light vehicles for crew access, around $220,000 together. Financed across the plant and vehicles, low-doc, approved in a couple of days. Repayments are set against the contract's hourly rate. Illustrative only.
Common questions
Frequently asked questions
Can I finance used mining plant?
Yes. Quality second-hand excavators, dozers and trucks are commonly financed, including private sales, subject to lender assessment.
What if the machine costs more than $500,000?
Heavy plant can often be structured above the standard threshold. We match higher-value deals to lenders with the appetite for them.
Do I need up-to-date financials?
Not always. Many deals settle low-doc or no-doc on the strength of the asset and your ABN, subject to lender assessment.
How fast can I mobilise?
Straightforward deals often approve in 24 to 48 hours, so the plant can be on site within days.