Approved – DIP- Debtor-In-Possession accounts receivable financing deal for a small contractor in New Jersey.

July 5, 2014

For Immediate Release:

Huntingdon Valley, Pa. /Fort Lauderdale, Fl.

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.

 

Contact:

 

GFCIB and Advisors, LLC

Jack Miller, CEO

JMiller@GFCIB.com

2755 Philmont Ave., Suite 130

Huntingdon Valley, PA. 19006

http://www.GFCIB.com

215-947 2974 ext. 238

 

 

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