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Mazuma Funds $4.5MM for Industrial Ovens Lease

October 21, 2014, 07:13 AM
Filed Under: Mining

Mazuma Capital is funding a $4.5 million operating lease on industrial ovens for a growing mining company. The ovens will be used in refining a rare ore only found in a remote area of the western United States. The ore is an ideal resource that improves quality in products ranging from paints to cement and asphalt.

“It feels great to provide our client with the exact funding and tax structure they needed,” said Matt Burrows, Senior Vice President of Sales for Mazuma Capital. “Our transaction structure met our customer’s needs by fueling expansion while preserving their capital and giving them a lower monthly payment.”

Mazuma Capital is an eEquipment leasing and financing company providing capital and funding options to companies throughout the United States. Mazuma’s experienced leadership focuses on matching their client’s financing needs with terms that help businesses fuel growth and achieve goals.

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