Smith Manus
- Exclusive focus on surety bonds
- 30+ years of industry experience
- Committed to building enduring relationships
- Flexibility to handle companies of all sizes
- Licensed in all 50 states
Reclamation Bond Expertise
- Proven track record and extensive experience in providing surety programs to mining companies
- Manage bonding programs for many leading publicly traded and privately held companies
Partnerships
- Strategic relationships with specialty surety companies who are highly rated
- Program supplements existing surety relationships
What sets Smith Manus apart?
- Unique approach to underwriting that considers the off balance sheet value of reserves
- Willingness to customize programs to provide significant capacity and risk based collateral percentages
- Superior overall terms and conditions
- Ability to handle unique bonding requirements
Success Stories
- Provided significant reclamation bond capacity for market leader in conjunction with acquisition
- Developed market-based terms for leading coal operation following sale to foreign entity
- Partnered with private equity firm to structure bonding program for a new portfolio company
- Replaced restricted cash with surety bonds for national recycler to meet closure obligations
- Improved pricing and collateral requirements for mining company based on reserve analysis