Directional drill rig working
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.