ncreasingly, mines are looking to alternative and innovative forms of finance to meet their short-term funding needs.
At Prime Funding Brokerage we can assist in finding the best possible funding offers for mines with our large network leaders, facilitating loans up to $5 million.
To do this, we find the best loan offers from an extensive network of trusted lenders.
This includes big banks, niche banks, business development agencies, private lenders and overseas loan assistance programmed.
How our funding process works
Prime Funding Brokerage sources suitable funding solutions based on the mining company’s capital requirements, balance sheet, financial history and scale of operations.
The funding application is completed and submitted online. It is followed up by the personalised services of a dedicated loan consultant.
Once an offer has been accepted and the loan agreement signed, the funding is immediately available.
Our free-to-client service ensures miners, junior miners in particular, have access to short-term capital provided by legitimate, accredited lenders.
How short-term funding can help mines
Alternative short-term funding can:
- sustain investments into exploration
- improve operational efficiency
- streamline production capabilities
- enable the exploitation of potential market opportunities.
Financing can help small mining operations avoid the inevitable “boom-and-bust” cycle. It can cover the cost of repairing or investing in the equipment, infrastructure and technology required to remain agile and competitive.
Turnaround time for our business loans
When the requested documents are submitted timeously, our business loans are typically approved and processed within 48 hours.
Qualifying for mine finance
Only mining companies in operation for more than one year and with an annual turnover of more than $100,000 qualify for short-term funding through Prime Funding Brokerage.
