#11 – Working Capital
(11) Have sufficient up front capital to support an operation.
· Donjon-SMIT has access to over $100M in working capital and other lines of credit to mobilize and support an operation in its early days.
· As an example, Donjon funded the Hurricane Katrina salvage response for the U.S. Navy requiring in excess of 50 million USD. Donjon itself has working capital lines that exceed 25 million USD and can get more if needed.