How to finance a dream…
“I could never convince the financiers that Disneyland was feasible, because dreams offer too little collateral.” – Walt Disney
Have you found your dream Mining claim, but you don’t have the liquid capital to purchase? Maybe you just need to set some money aside for development. The first key to having a productive mine is the claim. Ownership of the minerals is the most vital aspect of any mining operation. We understand this, and we want to help!
Gold Rush Expeditions, Inc. offers our own in house financing to help you get the Mineral Claim of your dreams! We know its difficult to finance a dream and we are here to help! The application is quick and simple and we approve nearly 99% of all applicants.
Financing is offered on any Mining Claim purchase over $5,000. We approve applications based on your specific situation, not a credit score. With simple terms and easy payment plans you can’t go wrong.
You can work and access your claim while paying it off! Please call our office with questions, for more details, or to get approved today!
THE FINE PRINT – DETAILS AND REQUIREMENTS
Gold Rush Expeditions, Inc. is proud to offer Financing at an initial interest rate of 0% (ZERO PERCENT) APR (annual percentage rate) for the first six (6) months. Six (6) Month term is calculated from the execution date of the finance contract. After initial term expiration, interest rate will revert to the standard of 9% (nine percent) APR. Interest will be calculated from the date of contract origination. A minimum downpayment is required to execute any finance contract.
Gold Rush Expeditions, Inc. can accept credit card payments for up to $1,000.00 for down payments only. Mining claims are legally defined as “real property” and as such, must be paid with certified funds. Gold Rush Expeditions, Inc. can accept Wire Transfers, Cash, Check (upon clearing), Bullion, or Certified Check or Money Orders.
Purchasers of the claims should initially put their down payment of $1,000 to secure interest in their mining claims.This can be done with Credit Card.
The $1,000 deposit must be received within 24 hours in order to secure your claim, until the remainder of the down payment is due.
Payments/full down payment must be received within 7 days of the initial deposit or all interest in the claim will be forfeit.
Your deposit is not refundable. Be sure that you can meet the contract requirements before signing any contracts or making deposits.
- Remaining balance of the down payment can be paid via Cash, Money Order, Check or certified bullion
Finance terms and guidelines:
Criteria for qualification of financing is not negotiable. Financing guidelines are as follows:
- Financing is available for mines that are priced over $5,000.00 upon approved application.
- All finance contracts require a minimum down payment..
Down Payments can be calculated using the table below:
|Total Purchase Price||Minimum Down Payment|
|$5,000 – $49,999||$2,500 or 25% whichever is more|
|$50,000 – $99,999||20%|
|$100,000 and over||10%|
Monthly payment terms are calculated on the remaining balance using the following table:
|Amount Financed(after down)||Number of Months||Minimum Monthly Payment*|
|$2,500 – $9,999||12||$250|
|$10,000 – $24,999||24||$425|
|$25,000 – $49,999||36||$700|
|$50,000 – $99,999||60||$850|
|$100,000 – $250,000||96||$1,050|
*Your actual monthly calculated price may differ, which is set up once the contract is created. The amounts shown are minimum prices and may vary depending on circumstances.