Mining Equipment Financing and Leasing in Nunavut

The mining industry has become a very profitable endeavor in Nunavut. Fruitful years for mining businesses have inspired them to reinvest in additional mining equipment. When first starting this new business venture, some will decide to purchase it in cash upfront, and others will choose use mining equipment financing to aid them. However, financing doesn’t solve all the problems. It is not uncommon that the provider will bury you in hundreds of forms leading to an extremely lengthy application. At Smarter Loans, we find this ridiculous as we hold our customer’s time in high respect and wish to provide another service as a solution. By partnering with mining equipment loan providers who demonstrate quick assistance, our applicants can acquire mining equipment financing much faster.

Furthermore, there’s a loan directory for you to use throughout your research process. Some candidates can spend at several hours trying to match with a provider that complement them best.

We are sad to say that the majority of this time is spent digging through countless websites with intimidating amounts of information. The purpose of our loan directory is to help applicants make the best decision in just one sitting. Your time is valued at Smarter Loans and we want to aid you in making the best use of it. Try searching through the list below to compare their interest rates, customer reviews and offerings.

Click the “Apply Now” button to move forward with the chosen mining equipment loan provider. Some will rather have some more assistance throughout this process. Don’t fret; we understand how scary this process can come off. You also have the option to pre-apply at Smarter Loans. We will assist you by selecting the best mining equipment loan provider in Nunavut that complements you.

Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
4.4% - 18%
2 - 10 years
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
$10,000+
3.99% - 19.99%
12 - 72 months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $20,000
19.99% - 46.8%
6 - 60 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - $100,000
Starting at 15%
12 - 18 Months
$5,000 - $300,000
Starting at 8.39%
6 - 12 Months
$5,000 - $300,000
Starting at 8%
12 - 24 Months
$4,000 - $300,000
5.49% - 22.79%
6 - 60 Months
$5,000 - $250,000
Starting at 9%
3 - 18 months
$5,000 - $100,000
Starting at 29%
4 - 6 months
$5,000 - $100,000
Starting at 6.87%
3 - 18 Months
$5,000 - $150,000
8.99% - 18.99%
3 - 24 Months
$5000 - $500,000
12.99% - 39.99%
6 - 18 Months
$5,000 – $500,000
Starting at 5.9%
3 – 60 Months
Company
Amount
Interest Rate
Reviews
Terms
No Lender found for Payday
Company
Amount
Interest Rate
Reviews
Terms
$3,500 - $49,500
8.99% - 29.5%
12 - 84 Months
$5,000 - $40,000
Starting at 2.9%
12 - 72 Months
Company
Amount
Interest Rate
Reviews
Terms
$50,000 and Up
Varies
Varies
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
4.4% - 18%
2 - 10 years
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
$10,000+
3.99% - 19.99%
12 - 72 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
4.4% - 18%
2 - 10 years
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
$10,000+
3.99% - 19.99%
12 - 72 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
4.4% - 18%
2 - 10 years
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
$10,000+
3.99% - 19.99%
12 - 72 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
Up to $35,000
Starting at 5.15%
Varies
Company
Amount
Interest Rate
Reviews
Terms
No Lender found for Car Title
Company
Amount
Interest Rate
Reviews
Terms
Up to $35,000
Starting at 5.15%
Varies
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - $100,000
Starting at 15%
12 - 18 Months
$4,000 - $300,000
5.49% - 22.79%
6 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $20,000
19.99% - 46.8%
6 - 60 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,600 - $10,000
7.26% - 29.95%
36 - 60 Months
$1,500 - $2,500
15.99%
24 - 36 Months

Nunavut Statistics Bulletin

  • As per the most recent available information, an average salary per month in Nunavut is $51,200
  • Nunavut's employment rate: 50%.
  • According to the latest available information, Nunavut reports 2,000 listed homeowners.
  • Average household income in Nunavut is recorded at $97,400.
  • On the average, an hourly wage rate in Nunavut is estimated at $30.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Our loans marketplace connects you with the best Mining Equipment Loan providers in Nunavut for all your borrowing needs.

Browse through our register of Mining Equipment Loan lenders to find the latest Mining Equipment Loan rates in Nunavut.

Mining Equipment Loans are typically used for

  • buying new mining equipment
  • buying used mining equipment
  • expanding the business fleet without cashflow hurdles
  • gaining tax benefits on depreciation amounts
  • gaining tax benefits on interest amounts

Loan Types and Cities in nunavut

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