Mega Highwall Mining

Mega Highwall Mining

mega high wall

“NFS was very flexible when working through the terms. They let us know what they were willing to do for us, how it needed to be done, and explained why it needed to get done. Having structured multiple deals with them, its safe to say I appreciate their partnership,” said Daniel Bunn, Owner of Mega Highwall Mining.

Mega Highwall Mining


Being a new player in an established market is tough and when the cash flow is limited the obstacles to growth can be difficult to overcome. The story below describes how one company was able to overcome those challenges and find a solution to help to fuel its growth.

  • Limited cash flow can be troublesome when a company is in need of expensive equipment to provide the right service for clients.
  • In a volatile industry, obtaining financing requires flexibility and understanding from the financial partner, which will lead to increased revenue and impressive profit margins


Mega Highwall Mining LLC. (Mega) is a coal mining company founded in 2015. It operates both ADDCAR and Superior Highwall Mining Systems. It takes great pride in its machines, maintains industry leading availability and is dedicated to maintaining safety standards. Mega is experienced in operating in various adverse conditions including steeply dipping seams, augured works, extreme climate, and numerous others.

Mega operates its machines on land that has previously been used as a mining site. The company’s automation means not sending in miners underground to mine. Mega is making coal mining less dangerous for employees and the environment.


In order to grow its business, take on more projects and keep customer demand satisfied, Mega would need more highwall miners. However, new highwall mining equipment is massive and can cost upwards of $2 million, usually more. Such an expense would interfere with other business expansion priorities and cash flow in general.

A decision to rebuild miners rather than straight purchase of equipment would be more cost effective. Securing the necessary funding to rebuild miners was vital to maintain liquidity in the businesses.


Mega knew it needed a true financial partner. One that could understand that without the funding, it could face a financial issue of little-to-no liquidity in the business. And without the equipment, it would not be able to provide the high-quality service to its clients. NFS Leasing is the partner that it turned to, and together the companies worked to understand the unique situation and provide funding to rebuild the miners.

Mega had engaged with NFS through a broker. With its unique situation and need to rebuild the highwall miners, it was happy to have found a financial partner that would work with it through those issues.


Early in the process, Mega experienced some growing pains but was glad it had NFS Leasing as a partner to help work through those pains. “NFS was very flexible when working through the terms. They let us know what they were willing to do for us, how it needed to be done, and explained why it needed to get done. Having structured multiple deals with them, its safe to say I appreciate their partnership,” said Daniel Bunn, Owner of Mega Highwall Mining.

Having clear communication on the deal allowed Mega the opportunity to complete its funding while focusing on what would come next.


Mega was pleased with the venture with NFS Leasing and secured the funding quickly. It looks forward to having all five of its highwall miners up and running at multiple sites, assisting its clients, while also seeing the return on its investment and putting cash back into its business.

In fact, Mega has more plans to grow its business and has returned to NFS Leasing as its partner to structure an additional deal.

It can be difficult for a company to grow on its own, but with the right partners backing it, it can grow and exceed even its own expectations.

  • Daniel Bunn, Owner
    "NFS was very flexible when working through the terms. They let us know what they were willing to do for us, how it needed to be done, and why it needed to get done. Having structured multiple deals with them, it's safe to say I appreciate their partnership."
    Daniel Bunn, Owner
    Mega Highwall Mining
  • Todd Tackett
    "I had a great conversation with NFS on what we wanted to do with the equipment and what we were seeking in a lease agreement, and thankfully, NFS helped us find a solution. While I have been in the mining industry for 24 years, I had never done a deal this large. Engaging with NFS was hassle-free and we were happy that we found a solid partner to fund such a large and important deal."
    Todd Tackett
    Construction and Reclamation Services
  • Kevin Richardson, CEO
    "They clearly laid out the deal and terms. They were direct and honest with what they were and were not able to do. No nonsense, no trickery. That allowed us to build a relationship based on trust and the process was simple and fluid because of it. What would have taken ten to fifteen years will now take four years thanks to NFS Leasing. This is allowing us the opportunity to save limbs and lives now. NFS Leasing was and is still genuinely interested in Sanuwave and working towards its continued success. Money is a commodity and can be found almost anywhere but finding a partner who cares about the company means a lot to us."
    Kevin Richardson, CEO
  • Matthew Hoar, CFO
    "Working through the initial challenges with NFS was excellent. The level of responsiveness was fantastic, and they have an extremely high level of service. NFS followed a simple process. The communication was fast and realistic. Overall, I would give NFS an A+."
    Matthew Hoar, CFO
    Flow Water
  • Malachi Salcido
    "NFS was willing to sign lease deals that were fair, while it felt like other leasing companies would take advantage of us at every opportunity. It seemed as if NFS wanted to get the deal done. There were no onerous processes, no particularly crafted steps and procedures to follow, which made NFS easy to work with."
    Malachi Salcido
    Salcido Enterprises
  • Monty Galland, CEO
    "NFS was patient when we engaged with them and I really appreciated that. We had a unique situation being a waterpark and having a lot of moving parts from the manufacturer. Finding a financial partner that had the ability to be flexible in the terms and the patience to deal with inconsistent communication from the manufacturer was incredibly helpful for us."
    Monty Galland, CEO
  • Frank Bou
    "The communication with NFS Leasing was great. They were very easy to reach, hassle-free, and extremely knowledgeable. They were simple and straightforward; very honest and upfront with what could be accomplished. We were successfully able to write our project plan based on NFS's commitment and that helped start off the project on the right foot."
    Frank Bou
    Trident Trucking
  • Rob Grenley,  Director, Corporate Finance
    "POP Gourmet was experiencing rapid growth and demand. As a young company we needed an equipment finance partner that would get to know us as a company and grow with us. NFS Leasing stepped in and took the time to get to know our Company and partner with us to acquire the production equipment we needed. NFS provided flexibility, responsiveness, and value. We highly recommend NFS."
    Rob Grenley, Director, Corporate Finance
    POP Gourmet, LLC
  • Jon Radoff, CEO
    "Having worked with NFS Leasing at a prior firm, when we started Disruptor Beam I did not hesitate to call on them again. Dean and the team at NFS Leasing really get it. They listen and understand our story and our needs, and they have numerous vendor relationships that help provide a superior level of service. When we grow they are always willing to grow with us. I recommend them highly."
    Jon Radoff, CEO
    Disruptor Beam
  • Gary Kendall, CEO
    "Limestone Networks has been working with the team at NFS Leasing for several years. They took the time to understand our company, the needs of our business, and our growth strategy. They are fast, responsive, and thorough. NFS has become not only a supportive vendor, but an integral part of our success."
    Gary Kendall, CEO
    Limestone Networks
  • Brian Hierholzer, President
    "From the beginning, NFS Leasing has been an invaluable asset in helping us serve our customers. Their team of experienced executives has enabled our channel oriented business model, and they are an outstanding partner, offering flexible and creative solutions to our financing needs. It has been a pleasure working with NFS and we look forward to their assistance in providing our future finance needs."
    Brian Hierholzer, President
    Artisan Infrastructure
  • Sam Naficy, President and CEO
    "In the early stages of our growth at DTT our business model required that we explore leasing as a way to finance our growth. NFS Leasing stepped up and partnered with us. They took the time to really understand our business and gave us the financial flexibility to add customers without concern for financing the required equipment to do so. They were honest and responsive and I would highly recommend them as an equipment leasing source."
    Sam Naficy, President and CEO
    DTT Surveillance
  • Ilya Beyer, CTO
    "A rapidly growing technology business like nScaled has constant equipment needs. Leasing was a perfect way to get the equipment we needed, when we needed it, and allow us to continue to focus resources on our operation. NFS made leasing easy for us, and has grown with us as we have expanded as a company. If you want to speak with someone that can help you with your infrastructure expansion business needs, you should call the team at NFS Leasing."
    Ilya Beyer, CTO
  • Cy Smith, Founder & CEO
    "AirSage pioneered the transformation of wireless network signaling data into powerful location information, creating a way to collect and analyze real-time mobile signals to produce over 15 billion anonymous locations every day. As a growing technology firm with state-of-the-art data and technology requirements, having updated equipment is essential to the growth of our business. That's why we rely on, and wholeheartedly recommend, NFS to take care of any equipment finance needs."
    Cy Smith, Founder & CEO
  • Rick Forry, Finance Manager
    "NFS has enabled Everyone Counts to keep up with emerging technology and provide the tools needed to bring modern election administration and voting systems to election officials. Their flexibility and knowledge of the technology industry sets them apart from the other leasing providers. They are responsive, easy to work with, and consummate professionals, I recommend them highly!"
    Rick Forry, Finance Manager
    Everyone Counts
  • Bob Brick, CEO
    "Agile Networks turned to NFS Leasing to finance a major network expansion resulting in the first and only statewide 1 Gigabit backhaul network providing services in all 88 Ohio counties. NFS was especially easy to work with, exceptionally efficient, and thorough in their approach. Their contributions were critical for us to complete our expansion in record time for our customer, a major mobile carrier. I highly recommend NFS as a trusted partner and look forward to working with them as we continue our growth."
    Bob Brick, CEO
    Agile Networks