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Finance · quarry-mining

Drill Rig Finance

Surface and underground drill rigs for mining exploration, quarry blast hole drilling, water well drilling and geotechnical investigation. Track-mounted and truck-mounted configurations.

At a glance$180K – $1.8M price range|$620K typical deal|7-year max term|40+ lender panel

What we do for drill rigs.

TMF arranges drill rig finance for Australian operators across the category price range of $180K – $1.8M, with typical deals around $620K. Structures include chattel mortgage, equipment lease, and contract-aligned balloon arrangements through a panel of 40+ lenders nationwide.

How the deal usually works.

Typical buyers

  • Mining exploration service contractors
  • Water well and geotechnical drillers
  • Quarry production operators

How the deal is usually structured

Drill rig finance recognises the long-life nature of specialist drilling assets. Contract-aligned structures work well for mining exploration cycles.

Related

Pairs well with used equipment finance and private-sale arrangements.

Live projects needing this machine.

Open the tracker

Every project below is actively contracting. TMF pairs finance to the work programme.

Answers operators ask first.

Are imported drill rigs financeable?+

Yes — Atlas Copco, Sandvik, Boart Longyear and other imports finance with proper specifications.

Can a drill rig finance match the exploration contract length?+

Yes — where a named contract supports the rig, repayments can be structured to the contract term.

Let’s get your drill rigs approved.