Mining Equipment Financing

Gyratory Crusher Financing

Finance a gyratory crusher for primary crushing in open-pit or hard-rock operations. $50k minimum, application-only to ~$400k, funding in about 1-2 weeks.

Request a Quote
Gyratory Crusher Financing

Finance a gyratory crusher for primary crushing in open-pit or hard-rock operations. $50k minimum, application-only to ~$400k, funding in about 1-2 weeks.

Primary crushing tonnage sets the ceiling for every downstream process. A gyratory crusher running at 3,000 to 8,000 tons per hour in the coarse-ore stockpile or in-pit installation defines what the rest of the plant can move, and when that availability number slips below 85 percent, the whole circuit feels it. Buying or replacing that machine demands capital structured for the long lead times and high acquisition costs that primary crushing equipment carries. We finance gyratory crushers for open-pit operations, hard-rock mines, and greenfield plant builds, with structures that line up with how a mine actually generates cash flow rather than how a bank's standard equipment schedule works.

Gyratory crushers are among the largest and most capital-intensive single machines in mineral processing. A new primary gyratory from a major manufacturer carries a price tag that often reaches into seven figures, and even a reconditioned unit sourced from a plant refurbishment can run several hundred thousand dollars. We work across that entire range, starting at $50,000 with a sweet spot between $100,000 and $150,000 and no ceiling on primary transactions above that. Application-only decisions are available up to approximately $400,000, and larger deals move through a full underwrite with three months of bank statements and current financials.

What Makes a Gyratory Crusher Different from Other Primary Crushers

Jaw crushers handle smaller feed sizes and lower throughput; gyratory crushers dominate when ROM (run-of-mine) ore arrives in large, irregular chunks and tonnage demands are continuous. The eccentric spindle driving the mantle against a concave produces a continuous crushing action rather than the reciprocating motion of a jaw, which means higher throughput per installed horsepower and better suitability for large-scale blasting operations where the feed can include boulders over a meter across.

Primary gyratory machines are almost always installed in a fixed pit or surface primary crushing station, sometimes on a semi-mobile platform for in-pit operations. The installed weight can run into hundreds of tonnes, and disassembly, transport, and reinstallation costs must factor into any deal where mobility is part of the plan. For lenders, that immobility is actually a positive signal: the machine goes with the mine, it is not a portable asset that disappears.

Key specifications that govern financing decisions include the feed opening (typically 1,000 mm to 1,600 mm for primary units), the eccentric throw, the closed-side setting range, and the installed motor horsepower, which in large machines exceeds 1,000 kW. Brands commonly financed includeMetso, Sandvik, and Thyssenkrupp. We assess residual value based on the mantle and concave wear condition, the main bearing history, and whether a recent or scheduled major rebuild has been completed.

New, Reconditioned, or Rebuilt Units

New primary gyratories come from a short list of manufacturers and carry 18 to 24 month lead times from major suppliers in some market conditions. Operators who cannot wait source reconditioned units from plant decommissions, refurbishments, or OEM rebuild programs. We finance both paths.

For used or reconditioned machines, we pay close attention to the rebuild pedigree. A unit that has gone through a documented OEM or certified third-party rebuild with new main bearings, mantle, concave, and countershaft assembly carries very different residual value than one that has been patched through multiple operational cycles. Providing service records, inspection reports, and a recent tonnage history strengthens any file for a used gyratory. Operators who have that documentation move faster through underwriting.

Reconditioning a gyratory in place, rather than replacing it, is also a financeable event. We can structure a capital loan against a planned major overhaul that includes component replacement and liner upgrades, keeping the payment tied to the machine's restored availability rather than forcing a full replacement transaction.

How Gyratory Crusher Financing Works

The process starts with a quote request or a term sheet from the seller, either an OEM, a dealer, or a private party. We review the asset, the buyer's credit profile, and the operational context. For application-only transactions under approximately $400,000, a completed credit application with basic business information is typically sufficient to generate a decision. Larger primary crusher acquisitions move through a full file that includes three months of bank statements, a business financial snapshot, and if the deal involves a newer operation, a project summary describing the mine and anticipated production tonnage.

Funding moves in about one to two weeks on most approved transactions. For large new-equipment purchases where delivery is months away, we can structure a commitment letter that allows the operator to lock pricing with the seller while the financing sits ready to fund at delivery. Forused equipment transactions, the timeline can compress since delivery is typically immediate. Sale-leaseback structures are also available, allowing an operator who already owns a crusher outright to pull equity out of it while retaining full operational use.

Terms and Structures

Gyratory crusher loans and leases typically run on 36 to 84 month terms depending on the asset age, the transaction size, and the borrower's profile. Longer terms reduce the monthly obligation, which matters for an asset that may operate for 15 to 20 years with periodic major rebuilds. We can structure seasonal payment schedules for operations where production cycles create predictable cash flow variation, and we consider deferred-start arrangements for greenfield builds that have not yet reached commissioning and first ore.

Purchase, lease, andSale-Leaseback Financingstructures are all available. A fair-market-value lease keeps the machine off the balance sheet for accounting purposes; a dollar-buyout or loan places it as an owned asset, which may support depreciation treatment under Section 179 or bonus depreciation rules. Tax questions belong with your accountant, but we can describe the structure in enough detail for that conversation to happen quickly. We never guarantee approval or quote rates before reviewing a file, but we work with B and C credit as well as strong credit profiles.

Gyratory Crusher Financing Questions

Clear answers on documentation, timing, equipment condition, sellers, and financing structure.

Can I finance a gyratory crusher that needs a major rebuild before it goes back into service?

Yes. We can structure financing against the rebuilt unit, with funding tied to completion of the rebuild rather than the current-condition value. Providing a scope of work, rebuild cost estimate, and the contractor's credentials speeds up that review.

Does in-pit installation affect how the machine is collateralized?

In-pit installations present collateral recovery considerations that surface installations do not, and lenders factor that into pricing. That said, the immobility also signals permanence, which works in the borrower's favor for operations with long mine life. We evaluate on a case-by-case basis.

Can I refinance a gyratory crusher I already own to pull working capital out of it?

Yes. A cash-out refinance or sale-leaseback against an owned primary crusher is a common structure for operations that need liquidity for other equipment, rebuild programs, or working capital without selling the asset.

My operation is relatively new. Will that affect approval?

Newer operations typically need to provide more documentation, including a project summary, production plan, and financial projections in addition to bank statements. B and C credit profiles are considered. The asset quality and the operation's cash flow story both matter.

What is the minimum transaction size you handle?

Our minimum is $50,000. Most gyratory crusher transactions land well above that, but we structure the deal around what the asset and the buyer require rather than pushing toward a particular size.

Put Gyratory Crusher Financing To Work

Send the equipment quote, seller information, target timing, and preferred structure. The financing desk will review the file and return a clear next step.