Mazuma Capital, a leading national direct lender, announced today it has funded $7 million for a global precious metals producer. Lease proceeds have been used for both above- and below-ground equipment.

The transaction contained characteristics representing multiple stumbling blocks for most lessors including: a US subsidiary of a foreign parent who would not act as guarantor; a partial sale-leaseback: a challenging industry; equipment exposed to catastrophic losses; off-balance sheet recordation; and a credit rating reflective of our recessionary economy.

Companies seeking financing in these circumstances must find lessors who can structure transactions yielding the desired liquidity and timeliness while mitigating the risk of loss. Progressive companies have come to trust in Mazuma Capital for this critical craft.

“We structured their transaction favorably and secured a competitive rate, but the factors that led to commencement of the transaction were personal. After meeting us and understanding the challenges, it confirmed their belief we were working within the constraints of the transaction and the economy to secure the most attractive deal possible,” said Matt Burrows executive vice president of sales for Mazuma Capital.