D.I.P. financing is loans for companies who have filed for chapter 11 bankruptcy. While most traditional banks & lenders won’t lend money to companies in bankruptcy, we see as the perfect opportunity to help companies restructure their finances.
There are a number of situations where D.I.P. financing can help companies:
1. Cashflow – During this process, companies need to make sure they have enough cash to pay their ongoing bills.
2. Inventory – Companies may have orders for products with no ability cash to manufacture the products.
3. Repairs – Companies may have equipment & real estate that needs repairs to make operational.
4. Payoff existing debt – Some lenders want to be paid off so badly (they might even need the cash more than the company that filed for chapter 11) that they are willing to accept significant discounts just to walk away.
It may feel like your personal world is ending when filing chapter 11, but it doesn’t have to be that way. It can be the perfect opportunity to take a few steps back, evaluate the current opportunities and use D.I.P. financing to make the company better than ever.
GFCIB specializes in negotiating and providing D.I.P. loans for companies in chapter 11 bankruptcy. Call us today at 215-947-1032 or email us at AMiller@GFCIB.com to see how we can help you.