1st National Leasing, Inc. arranges $7.4 Million equipment financing for Commonwealth Mining
Tampa, Florida — July 14, 2008 — 1st National Leasing, Inc., an equipment lease advisor and intermediary, announced today that its Mining Equipment Division arranged $7,400,000 in financing of a High Wall Miner to Commonwealth Mining Inc. located in Beckley, WV. According to Robert Wilske, President of 1st National Leasing, “Our advisory service to Commonwealth provided the needed equipment and financing to extract coal utilizing the latest technology that eliminates “mountain top removal” in the extraction of coal.” The equipment will be located at the Wheeling Valley Permit mine in southeast Ohio.
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