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The first step in acquiring mining equipment is deciding if you're going to purchase or lease. There are benefits for both options, depending on what the company's needs are. The advantages of financing equipment are wide open.
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NAICS Code: 532412 Construction, Mining, and Forestry .
532412 - Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing . This U.S. industry comprises establishments primarily engaged in renting or leasing heavy equipment without operators that may be used for construction, mining, or forestry, such as bulldozers, earthmoving equipment, well drilling machinery and equipment, or cranes.
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A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment is also leased. Broadly put, a lease agreement is a .
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The Directory of companies providing equipment, products and services for the global mining industry. Containing 2396 Companies in 477 Categories.
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This type of equipment lease is a great tool for business owners who want the option of buying the vehicle for a pre-determined price at the end of the lease and typically offers lower payments than a standard lease while providing certain tax advantages.
Mining equipment leasing is a great way for your business to get the new or used mining related equipment and machinery you need to be successful in this industry. We will work with to create the best financial solution for all of your mining equipment financing needs.