NFS Leasing provided $11.8 million in financing over multiple transactions with coal mining company Mega Highwall Mining.

Founded in 2015, Mega Highwall operates both ADDCAR and Superior Highwall Mining Systems. It operates its machines on land that has previously been used as a mining site. The company’s automation can make coal mining less dangerous by not requiring miners to go underground to mine.

Mega Highwall recently returned to NFS Leasing as its partner to complete a $4MM finance transaction.

“Having structured multiple deals with [NFS], it’s safe to say I appreciate their partnership,” said Daniel Bunn, owner of Mega Highwall Mining.

Engaging with NFS Leasing through a broker, Mega Highwall worked with the other company to rebuild their highwall miners.

“Sometimes it is a real challenge for companies to grow at the speed needed on their own,” said Jim Murphy, principal, NFS Leasing, “But we pride ourselves in helping to service that growth with companies like Mega Highwall, to realize and help reach their potential.”

NFS Leasing is a privately held North American leader in equipment finance with more than 18 years’ experience. NFS provides solutions supporting businesses and organizations with challenged credit including early stage, start-up & pre-revenue, financially distressed companies and turn-arounds.