GFCIB and Advisors, LLC (“GFCIB”), a leading provider of Chapter 11 bankruptcy support, Financial Advisory and Lending services to distressed companies, recently announced that it facilitated an approval on a Debtor-In-Possession accounts receivable financing deal for a small contractor in New Jersey.
Debtor-in-Possession (DIP) financing is a critical resource that helps to cover operating activities, such as capital improvements, marketing costs, and other daily expenses incurred during the Chapter 11 process. DIP financing enables debtors to utilize accounts receivable, equipment capital, and real estate to restore profitability to their business or project value.
GFCIB provides companies with fresh, liquid cash to invigorate company’s finances and steer them back on track. GFCIB creates tailor-made financial strategies that allow the company to drive earnings forward while navigating the bankruptcy filing process.
About GFCIB and Advisors, LLC
GFCIB engages in the restructurings of high leveraged and distressed businesses,
real estate assets and portfolio assets and takes the forward-thinking approach in
creating effective strategies for identifying and addressing financial challenges.
We recognize that every business has different capabilities and levels of expertise and
our goal is to have our management team work with clients to get the job done efficiently.
GFCIB and Advisors, LLC
Jack Miller, CEO
2755 Philmont Ave., Suite 130
Huntingdon Valley, PA. 19006
215-947 2974 ext. 238