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Even if the operation plans to borrow the money and make monthly payments, most banks require a down payment of around 20 percent. Borrowing money may also tie up lines of credit, and lenders may place restrictions on the aggregates business’ future financial operations to ensure the loan is repaid. Obsolete equipment.
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Quarry Lease Terms and Conditions Introduction. There are many instances were a quarry operation will be leased and the terms and conditions of the lease will determine the rental value or royalty payments required for the lease.
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