Asset Back Lending: Minearals, Oil, Gas, Gold and other In-ground Assets; Minereal Mining-Worldwide EXCEPT Africa.

[Sandra Brown]

What is it?  If your company owns copper, gold, oil or other in-ground assets, we can provide asset-backed Bond financing of $10 million to $250 million for such natural resources. In-ground assets need to be verified by a geological or other certified report; and can be located anywhere in the world except Africa. We can provide a 20% advance rate on the value of those assets to finance production.

How it works: A company is looking for non-dilutive production financing in order to realize the potential of a mining or natural resource project located in the United States or abroad. The company is able to provide a certified report that is less than three years old. The company has largely unencumbered ownership of the in-ground assets and is nine months to one year away from production. Following due diligence, We can provide asset-backed bond financing of $10 million to $250 million for the company.

Funding is for 12 months max without debt service. At the end of that term this would roll into a 60 month note at between 6-8%. The process typically takes 8 to 10 weeks from start to finish.

 

Contact Sandra @ [e-mail]