80+ lenders, one application
We compare banks and specialist asset lenders in one go to find the sharpest rate on high value plant.
Industries
Mining & Resources Finance
Heavy plant, haulage and site equipment, we compare 80+ lenders to fund the gear that keeps the site producing.
Get your quoteOn a mine site, capacity is everything.
Ramping up for a new contract? Established ABNs can often finance high value plant with low doc, no full financials, and we structure repayments around contract timelines.
Mining and resources work is capital heavy and contract driven, the equipment on site is the difference between hitting production targets and watching a contract slip. X Lend is a finance broker: we compare a panel of 80+ banks and nonbank lenders and arrange the finance so you can scale your fleet to the job in front of you.
Banks are cautious with high value plant and slow to move. We match your situation, including low doc and ABN only options, to lenders who understand resources work: expensive, long life assets, contract based income, and the ramp ups and wind downs that come with each project.
What mining and resources operators finance with us.
From the plant to the vehicles that support it, most site costs can be financed. The common ones:
Equipment Finance
Dozers, drill rigs, loaders, generators and processing plant, the heavy gear that drives production.
Truck Finance
Haul trucks, water carts, road trains and prime movers to move material and service the site.
Vehicle Finance
Light vehicle fleets, utes and site spec 4WDs to move crews and supervisors around the operation.
Unsecured Business Loans
Working capital to mobilise for a contract, hire crew or fund a ramp up, no property security.
Cashflow Finance
Cover wages, fuel and maintenance while you wait on contract payments and retentions.
Lines of Credit
A standing buffer for parts, repairs and the gaps between projects, interest only on what you draw.
Why resources operators use a broker instead of their bank.
One application, the whole market working for you.
Comfortable with big ticket assets
We match you to lenders who fund expensive, long life mining plant the majors are quick to knock back.
Low doc and ABN only
Established ABNs can often finance machines without full financials, quick and light on paperwork.
Structured for contract income
Repayments shaped around project timelines, ramp ups and wind downs, not a one size bank template.
Tax effective structures
Chattel mortgage, hire purchase or rental, structured around your GST and depreciation position.
Fast to mobilise
We handle the lender, the paperwork and settlement so your fleet is on site when the contract starts.
Before you decide
Weigh the opportunity against the cost of waiting
The right comparison considers what finance could make possible and what delaying the asset or funding may cost the business operationally.
Pros
- Access suitable vehicles and equipment when finance for mining and resources operators. opportunities arise.
- Preserve working capital for wages, materials, tax and other operating expenses.
- Replace unreliable assets sooner and reduce avoidable downtime across jobs.
Cons
- Suitable finance for mining and resources operators. contracts may be missed when the required vehicles or equipment are not available.
- Older equipment can keep breaking down when there is not enough cash to replace it outright.
- Paying the full purchase price from cash can leave less buffer for payroll, materials and unexpected costs.
Questions answered
Industry finance questions
Clear answers before you decide what to apply for.
We're a finance broker: we compare a panel of 80+ banks and nonbank lenders and arrange the finance with the one that best fits your mining or resources operation.
Usually, yes. We arrange finance for used, ex hire and ex mine plant, lenders differ on age and hours, which is why comparing 80+ of them helps us match your machine to one comfortable with it.
Yes. We match you to lenders who understand project based income and can shape repayments around contract timelines, ramp ups and retentions.
Often, yes. Established ABNs can frequently access low doc finance for plant and vehicles without full financials. We match you to lenders comfortable with your trading history and the asset.
Getting an indicative quote doesn't touch your credit file. A formal application involves a credit check, but we only lodge once you're happy to proceed.
Want to know your rate?
An indicative rate request does not create an obligation to proceed.