CG Commercial Finance works with mining organizations domestically and internationally to achieve creative, cost effective, and timely financing alternatives for conventional and non-conventional asset purchases. We are thus able to help our clients achieve maximum ROI and minimize up front capital outlay.

MINING EQUIPMENT WE FINANCE

We can help you monetize unencumbered assets into working capital. You may have older assets that can be sold for profit benefiting your YE results. We finance both traditional and non-traditional mining assets.

Traditional Mining assets include:

Continuous Miners and Draglines

Mobile Surface, Longwall and High Wall Assets

Excavators, Shovels and Roof Bolters

Belt Drives, Panlines and Face Conveyors

Shearers, Shield Haulers and Power Centers

Non-Traditional mining assets include:

Prep-Plant, Power and Processing Plants

Ball and Sag Mills and Maintenance Equipment

Belting, Conveying, Water & Lube Trucks

Waste, Disposal and Water Treatment

Aviation, FF&E and IT Hardware/Software

COMMODITY FINANCING WITH CGCF

We work with you to solve your borrowing capacity issues and we offer equipment lease lines of credit which allows you to do “one stop financing” on all types of assets from prep plants to high wall miners.

CGCF pre pays for commodity production

CGCF provides ongoing payments to support growth

More flexible than using debt or equity raises as this form of financing is Non-Dilutive

No covenants or hedging requirements

Capital contribution & capital needs determined during initial negotiations

No titled interest and no tax on upfront payment

No operational input from CGCF

No dilution of other company’s assets, discoveries or acquisitions

DOWNLOAD OUR BROCHURE

Our Mining brochure is tailored specifically for Mining and Mining Services Companies looking for creative financing solutions. Featured transactions, business cases, client reviews and equipment lists are included, along with the CGCF equipment leasing and transaction management programs that we offer to those within the Mining Industry.

OUR WORK WITHIN THE MINING INDUSTRY

OUR CLIENTS

CLIENT REVIEWS

“I have been with CEMEX for the past four years and have initiated over 100 lease transactions on behalf of CEMEX, Inc. and its subsidiaries. There have always been challenges in closing transactions especially when initiating a new relationship.

I would like to commend you for the ease and speed with which you set up the relationship and your teams’s no-nonsense approach taken within your funding process. I appreciate having a trusted partner who can provide the capacity and competitive rates that we demand over many years to come.”

View Reference Letter

Charmaine S
Leasing Manager, CEMEX Corporation
“Murray Energy Corporation (“Murray Energy”) appreciates your efforts throughout the last two years in providing equipment leasing solutions for our mining operations. CG’s leasing solutions for our longwall mining equipment and continuous mining equipment needs have enabled our Company to successfully implement a very significant capital program over that period that has resulted in significant production improvements.

Your knowledge of the industry, and our Company, has proven to be very beneficial in securing the required lease financing.”

Robert M
Executive Vice President, COO and CFO, Murray Energy Corporation
“I started working with CG Commercial when they approached Cleveland-Cliffs Inc, seeking to provide financing for mining equipment as part of the company capital program. To date, I have been pleased with their professional approach to leasing. Cleveland-Cliffs Inc has worked with many lenders; CG Commercial has thus far demonstrated to me that their people have the industry knowledge to find sources of funding to suit the needs of Cleveland-Cliffs Inc.”

Martin J
Leasing Consultant to Cleveland-Cliffs Inc
“I have had the pleasure of working with CGCF regarding the leasing of various mining equipment (Loaders, dozers, excavators and a drill). Tobin and Rob were professional, responsive and courteous. I found CGCF’s lease financing, accounting knowledge and structuring expertise to be extremely beneficial while completing our analysis. CGCF competed against other financing companies and ultimately earned our business by:

Offering a competitive rate.
- Providing an extended term required for cash flow management.
- Structuring the transaction as the first tax lease for our company.
- Understanding and accepting that the equipment would be located on Indian tribal land.
I would recommend CGCF to any company in need of any type of structured equipment finance. We would consider using CGCF for future leasing requirements.”

View Reference Letter
Ronald B
VP Finance & Treasurer, Westmoreland Coal Company
“Our company has worked with CG Commercial on financing assets for our company in one of our international mines (Mexico). CG Commercial does have a good working knowledge of the minng industry as well as financing assets abroad. We look forward to working with them when our next project arises in need of financing.”

View Reference Letter

Raymond P
Chief Financial Officer, First Majestic
“I would like to thank the entire CG Commercial Finance team for all of your help with the funding of three helicopters for us last year.

I have held senior executive positions for over 20 years and have initiated a large number of financing requests on behalf of my company. As others, I have often viewed the process of finance company selection to ultimate funding as a somewhat painful and time-consuming experience, especially when initiating a new relationship.

I would like to commend you for the ease and speed with which you set-up the relationship and your team’s no-nonsense approach taken within your funding process. I appreciate having a trusted partner who can provide the capacity and competitive rates that we demand.

We are excited about continuing our relationship and look forward to working with you and the entire team at CGCF on our future helicopter leasing needs.”

View Reference Letter

Trent C
Chief Financial Officer, Air Methods, Inc.