Series: The Importance of Cash in Security Operations
Part II: Lebanon as an example
Over the past few months, Crownox has conducted numerous evacuation operations in Lebanon, facing significant financial hurdles due to the urgency of these critical missions.
🚨 Evacuation Challenges in Lebanon
At the onset of the war, commercial flights were abruptly canceled, leading to an urgent need for evacuations. The cost of private aircraft surged to $350,000, with insurance alone accounting for $100,000. As a result, many turned to maritime evacuations, using vessels to Cyprus, pushing the cost of a vessel to $35,000.
⚠️ The financial infrastructure was heavily strained, with service providers requiring upfront payments before taking on missions. In such high-risk situations, prepared financial solutions are essential.
To address this, we secured financial channels and partnerships with Lebanese companies, ensuring access to physical cash on the ground. This enabled us to maintain liquidity and act swiftly.
💡 Smaller companies often underestimate the financial burden of such operations. These situations are cash burners, requiring immediate payments for transportation, logistics, food, and essential assets. Without substantial financial resources, they simply cannot meet these demands.
#SecurityOperations #CrisisManagement #LebanonEvacuations #CashFlow #EmergencyResponse #RiskManagement #GlobalSecurity #FinancialPreparedness #MaritimeEvacuations #SecurityLogistics #Crownox
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2moCash Currency is King. Always.
Quality Controller at All Care Group
2moVery informative, I agree with you and from my perspective Cash is very important in security operations efficiency and in wars as there is no electronic available and liqudity will allow the team to deal with all unofficial and official forces pay to pass through