Boart Longyear announced a new business division, Boart Longyear Financial Services (BLFS) group. Through a partnership with Ecologic Leasing Services, BLFS now offers customers competitive financing solutions for Boart Longyear mineral exploration drilling equipment. All Boart Longyear drilling capital equipment technologies are included in the new program: multi-purpose, production, reverse circulation, rotary, sonic, and surface and underground coring.

“This new division provides customers who qualify with innovative financing options for the world’s leading mineral exploration drilling technologies. We are pleased to offer this service in response to requests from our customers. This new division provides customers who qualify with innovative financing options for the world’s leading mineral exploration drilling technologies. We are pleased to offer this service in response to requests from our customers,” said Boart Longyear President and CEO Craig Kipp.

Boart Longyear Financial Services’ financing offerings are now available to customers in the U.S. and Canada. In the coming months, the service will also become available in Australia and Chile, and continued global expansion will continue through 2012.

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