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Heavy industry and mining operations demand finance structured around project timelines, equipment life cycles, and commodity price sensitivity. We arrange project finance, heavy equipment loans, and resource sector facilities tailored to your operational profile. Alasdair's executive banking experience gives him direct relationships with specialist lenders who have genuine appetite for the mining and industrial space, delivering terms that reflect the true asset quality and cash-flow potential of your operation.
Heavy industry, mining services and METS businesses are financed around contracts and equipment life, not a generic business loan. The strongest deals are backed by long-dated contracts with a creditworthy resource proponent, ideally take-or-pay or with minimum volumes, because lender comfort rests on contracted cash flow surviving a commodity downturn. Yellow-goods fleets such as excavators, haul trucks, drills and crushing and screening plant are funded with chattel mortgages or leases, but lenders discount residual values for hours, remoteness and the risk of a project ending before the asset is repaid, so tenor is matched to the shorter of asset life and contract term.
Single-project or single-client concentration is the recurring credit issue, alongside Western Australia and Queensland geographic concentration, rehabilitation and bonding obligations, native title and approvals timelines, and the sector's history of sharp swings in day rates and utilisation. Commodity price sensitivity is stress-tested hard. Working capital is often the real need, funding the gap between mobilising for a new contract and the first progress claim. We package the contract suite, a fleet register with utilisation and maintenance history, and a downside-case cash flow, then tender across the banks, asset-finance specialists and non-banks that genuinely understand resources exposure, comparing advance rates on used plant, balloon structures, covenants tied to contract renewal, and how each lender behaves when a client defers a project or a commodity price falls through the assessment case.
Alasdair is a former banker and Executive Manager at both Westpac and CBA, bringing decades of senior banking experience to every commercial deal. He understands exactly how lenders assess risk, structure facilities, and price commercial debt, and he uses that insider knowledge to negotiate outcomes that most brokers simply can't access. If you're looking for an adviser who has run the bank's side of the table, you've found him.