Urgent Short Term Finance for Mining and Resources Businesses With Property

Fund the yard, the workshop or the contract start-up on time

Experts in strategic, short-term finance

Rated 5 out of 5Jason V

Hands down, the best private lenders in the biz
Gino, Alec and Finn are exceptional at what they do. Top tier communication and transparent service.

Rated 5 out of 5Rhowell Dela Rosa

Every settlement has been smooth
Gino and the team at Secured Lending are our go-to when a deal needs to move fast or fall outside bank criteria.

Rated 5 out of 5Rory Mcgrath

Always my top choice for nearly all private lending scenarios
I run and operate a private lending brokerage and have worked with Mark and the team for years.

Rated 5 out of 5Luke Egan

Speed to market on lending advances second to none
The owner is also one of best commentators on LinkedIn calling out poor lending and recovery practices.

Rated 5 out of 5amal maharaj

True professionals in the non bank lending space
Straight forward application and assessment process with clear communication till loan settlement.

Rated 5 out of 5Sam Algeri

Excellent service, quick approvals and seamless settlements
The team at Secured Lending, particularly Gino and Finn, are fantastic to work with.

Rated 5 out of 5sebastian wright

Speed, reliability, transparency
Exceptional team. Exceptional Service. Loved working with the team at Secured Lending.

Rated 5 out of 5Jordan Thomas

Gino & Finn are the best in the business
Quick and painless to deal with, keep up the great work SL team!

Rated 5 out of 5Wayne McCarthy

Always willing to think outside the box to get deals done
We've had a great experience working with Secured Lending.

Rated 5 out of 5JP G

Quick, responsive and reasonable
With all the shady characters in the private lending market, its refreshing to find good people to deal with.

Rated 5 out of 5Joel Togo

Always thorough on assessment and will give you a prompt answer
With clients that are in time sensitive situations, this is crucial.

Rated 5 out of 5David Pruscino

Always professional and supportive
It's a pleasure dealing with the Secured team.

Rated 5 out of 5Monica Monsigneur

A professional and common sense lender who delivers

Rated 5 out of 5Thomas de Fegely

Great options in the private space
Have been dealing with Finn from Secured Lending, he has been very responsive.

Rated 5 out of 5Andrew Soo

A very reliable funding partner
Highly recommended.

Rated 5 out of 5Phil Boyle

Very efficient, responsive
Finn was a great help to assist in a very timely manner.

Finance within

24 hours

Loans from

$250k to $10M

Rates from

9.7% p.a.

Terms

1 to 24 months

Mining services businesses win contracts with start dates set by the client, and banks can be cautious about a sector tied to commodity prices. We can fund a purchase, a contract start-up or an ATO debt in as little as 24 hours.

We lend to mining contractors, equipment hire, transport and camp businesses across Australia. The loan is secured by freehold land and industrial property, such as the land under a yard, a workshop or an accommodation camp, or by a director's home.

When mining businesses call us

•A new contract starts before the first invoice is paid, and staff and equipment are needed now
•A yard, workshop or camp site is for sale near the mine site
•The bank is reducing its exposure to the sector
•An ATO debt or an expiring loan needs clearing
•You need to buy before selling another property

Funding a mining services business

Enquiry. Tell us what the money is for, the deadline and the property you can offer. Terms can be ready within hours.
Valuation. Our valuers inspect the property, including in regional and remote towns where there is a realistic market.
Contract review. We look at the contract dates and payment terms that will repay the loan.
Settlement. Settlement can be done within 24 hours of signing.

What to send for a mining services loan

•The mining services contract, the property purchase contract or the ATO statement of account
•Details of the property you can offer
•Recent financial statements
•Your repayment plan, such as dated contract payments or a refinance

Which of our loans suit mining services

•First mortgage: over freehold land or industrial property
•Second mortgage: over a director's home or investment property
•Bridging loans: to buy a yard before another property sells
•ATO tax debt loans: to clear an ATO debt
•Secured business line of credit: for mobilisation and contract start-up costs

Mining business loan terms

Loan feature	Detail
Loan size	$250,000 to $10,000,000
Interest rate	From 9.7% p.a. on a first mortgage, from 11.95% p.a. on a second mortgage
Term	1 to 24 months, interest only
Maximum LVR	70% of the property value, or of the lower of value and price on a purchase
Security	A first or second mortgage over residential, commercial or industrial property. Never tenements, plant or contracts
Settlement	From 24 hours

Repaying from contracts or a refinance

Mining services loans are usually repaid from dated contract payments, a bank refinance or the sale of a property. Contract payments can repay the loan when they are dated and documented.

A contract start-up we funded

→$800,000 in 48 hours to start a freight and transport contract

“Mining services contracts come with start dates fixed by the client, not the bank. We lend on property the business or its directors own, so the business can mobilise on time and repay us from the contract payments or a refinance. Send us the contract and the property details, and we will tell you quickly what we can fund.”

Gino Tabila

Associate Director

Frequently Asked Questions

No. In Western Australia a tenement can be mortgaged with the Minister's consent, but we never take tenements as security. We lend only on real property, such as a yard, a workshop or a director's home.

Yes. Staff, equipment, travel and accommodation can be funded before the first invoice is paid, and the contract payments can form part of the repayment plan.

Yes. We fund the purchase of freehold yards, workshops and camps where there is a realistic market for the property.

We need to learn your scenario further. We lend where the property has a realistic market if it had to be sold, so a remote location affects the valuation and the amount rather than ruling the loan out.

Yes. A director's home or investment property can secure the loan, which helps where the business does not own property near the mine. The loan is for a business purpose, and the total borrowing must stay within 70% of the property's value.

Yes. We can pay the ATO debt in full, and the loan is repaid from a bank refinance or a property sale, agreed before settlement.

Urgent ATO debt loans

A contract start-up can be funded on the same day, depending on your scenario. Valuations in remote towns can take longer to book, so call as soon as the contract is awarded.

Yes. Transport operators, fabricators and equipment hire businesses that work on mine sites often need working capital for fuel, staff and parts. We lend to transport and manufacturing businesses for working capital as well as property purchases.