Kamloops Mining Equipment Loans for BC Interior

With several open-pit, aggregate, and mineral projects active across BC’s Interior, Kamloops has emerged as a regional mining service hub—home to contractors, suppliers, and fleet operators supporting major operations from Logan Lake to Quesnel.

But whether you're working at Highland Valley Copper or supplying underground crews, expanding capacity requires investment—especially in specialized support equipment.

This guide explains how to finance high-demand mining equipment in and around Kamloops, including:

• Drills, water trucks, and site lighting
• Underground support gear
• Field service trucks and heavy-duty pickups
• Equipment trailers, gensets, and safety units

With the right financing structure, you can upgrade or expand your fleet without waiting for lump-sum cash flow or taking on risky debt.

What Types of Mining Equipment Can Be Financed?

Mehmi helps contractors and operators finance a wide range of surface and underground support assets, including:

• Core drills and exploration rigs
• Lighting towers and compressors
• Water trucks and site dust-control vehicles
• Fuel delivery units and lube trucks
• Surveying tech, GPS systems, and laser scanners
• Service bodies, welding trucks, and tool carriers
• Underground UTVs and safety evacuation units
• Generator trailers, welding skids, and camp gear

✅ We finance both new and used equipment
✅ Dealer or private sale purchases are accepted
✅ GST, delivery, install, and warranty can be included

Financing Options for Kamloops-Based Contractors

⛏️ Equipment Loan

• Fixed term (24–84 months)
• Full ownership at end
• Ideal for long-life gear (rigs, water trucks, etc.)
• Monthly or seasonal payments

⛏️ Finance Lease

• Lower monthly cost
• Option to return or buy at term end
• Useful for gear with rapid tech changes or known replacement cycles

⛏️ Sale-Leaseback

Bought a piece of equipment with cash recently? Lease it back and unlock the equity to invest elsewhere.

Explore: Refinancing & Sale-Leaseback

Why Interior Mining Contractors Use Financing

✅ Preserve capital for payroll, fuel, or mobilization

✅ Avoid large cash draws before project revenue hits

✅ Access larger equipment bundles without large down payments

✅ Match payments to seasonal cycles or project milestones

✅ Build business credit through structured repayment

Financing allows companies to scale responsibly, not reactively.

Kamloops Case Study: Financing a Drill & Service Rig

Business: Surface exploration contractor based outside Kamloops
Challenge: Needed additional drill and field service truck for Q4 project start
Solution:

• Financed used Atlas Copco drill ($160K) and outfitted Dodge Ram service unit ($95K)
• Structured 60-month lease with $1 buyout
• First payment deferred 90 days for project mobilization

Result: Equipment delivered to site on time, avoided subcontracting, and kept expansion 100% in-house

Estimated Monthly Payments

Final terms depend on credit, asset type, and structure.

What You’ll Need to Apply

✅ Business number (BN) or sole prop registration
✅ Equipment quote or bill of sale (dealer/private OK)
✅ Equipment specs: make, model, year, serial
✅ Recent bank statements or signed contract (if available)
✅ Personal credit score helps, but many programs support growing operators

Explore: Equipment Leasing & Loans

Final Word: Fuel the Next Phase of Your Operation

Kamloops is well positioned to grow with BC’s mining resurgence—but only if your gear keeps up with project scale, compliance standards, and customer demand.

Whether you're hauling, drilling, lighting, or welding, Mehmi can help you finance the equipment that supports your success—with fast approvals, minimal paperwork, and a deep understanding of the industry’s seasonality.

Need to finance support equipment for a Kamloops-area mining project?
Speak to a credit analyst or calculate your monthly payment now.

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