Tag Archives: dip financing

Approved! DIP Accounts Receivable Financing Deal for Contractor

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. DIP Debtor-in-Possession (DIP) financing is a...

D.I.P. financing… What is it?

D.I.P. financing

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...