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Loan term ranging from 1 to 36 months with flexible repayment option. And there is no hidden fee.
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No early repayment fees
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Australia’s Mining sector plays an important role in the Australian economy by generating exports and employing millions of Australians. This is one of the key factors that Australia is called the lucky country in the world. Western Australia and Queensland's iron ore mining was contributing significant revenue to the national economy. The latest figures from ABS has provided that in the financial year 2015-16, operating profits from mining across sectors is $7,077mil.
However, miners often find it hard to borrow money from traditional banks or financial institutions. Max Funding is the right answer for your urgent funding needs. You can use the fund to cover unexpected costs, manage cash flow, and purchase new mining equipment. For all your mining business purpose, we are here to help. Max Funding has helped thousands of miners to thrive in this competitive field.
Max Funding have a deep understanding of the business cycle of the mining industry. Setting up a capital-intensive mining project requires significant capital inflows to kick-start your next project. Therefore, we have the finance solution that suits your need and you can focus on your principal activities.
Mining projects require intensive investment on equipment to ensure the success of the project. Max Funding is here to design a loan product that is right for you to purchase your mining equipment. Therefore, you can buy your equipment now and repay the loans in a flexible term that is suitable for your cash flow needs.
Sufficient working capital is one of the top priorities for the mining industry. Your project will start to receive cash inflow only after the project succeeds and the minerals are sold to your clients. Therefore, you may face tight budget constraint in the early stage of your project. We can fund your mining business and help you to better manage your cash flow.