SMILEFLIGHT brings financial support and liquidity to its clients to perform activities of commodity import/export in a variety of industries (e.g fishery, agriculture, medical, ect), and implements project finance for development projects in the health and infrastructural sectors.
The most widely accepted and preferred method of payment in the import/export sector is the Letter of Credit (LC) because of the wide number of securities that this option offers to all parties. However, this instrument has its limitations for buyers that are operating from financial institutions located in countries that are considered “high risk”. In fact, companies are often requested to provide additional security and collateral to satisfy seller bank requirements.
SMILEFLIGHT supports its clients by providing counter-guarantee and confirmation of “irrevocable LC” in the case of LC “on demand”, “deferred ”, “Stand by Letter of Credit” or ” Revolving LC “.
SMILEFLIGHT support in Project finance refers to the funding of long-term projects, such as public infrastructure or services, industrial and Public health projects through a client-customized financial structure. Finance can consist of a mix of debt and equity and is commonly structured through BOT (build, operate, and transfer).
We have a particular expertise in project financing for projects considered high high risks because of the country location.
SMILEFLIGHT cooperates with a diversify array of financial institution and investments funds interested in investing in emerging economies.