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Debtor-in-Possession Financing, DIP Financing, Atlanta, GA, Phoenix, AZ, Charlotte, NC, Chicago, IL, Dallas, TX, San Diego, CA

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Mortgage and Lending with Dividend America Commercial Lending

What is DIP Financing?  Debtor in Possession Financing is financing that is available for businesses that are in Chapter 11 bankruptcy or who have been through a debt restructuring and have had a bank or first lien holder offer a short pay of the original note.

When businesses us the bankruptcy process to restructure and have all or a large part of its debt wiped out, DIP financing can be used to recapitalize the business.  Many times all of the secondary debt is gone and the lien holder offers to extremely discount any balance owed.

In situations where lenders offer Debtor-in-Possession financing  (DIP Financing) to the business, they believe the business has a greater ability to succeed because the business is basically debt free.  This new debt free status is perfect for the DIP Financing company because the Debtor-in-Possession of the real estate usually has retained income but wiped out debt resulting in less risk to the new lender.

Dividend America Commercial Lending has Debtor-in-Possession financing.  Any business in bankruptcy or in need of Debtor in Possession financing (DIP Financing) to take out a short-pay on a first lien note can close on financing very quickly.  To find out more about Debtor-in-Possession financing call Michael Gross, President of Dividend America at 404-819-4511 or email at mgross@dividendamerica.com.

Check out our online easy app! for quick answers to your Debtor-in-Possession financing (DIP Financing) questions.

Debtor-in-Possession Financing (DIP Financing), Atlanta, GA, Phoenix, AZ, Charlotte, NC, Chicago, IL, Dallas, TX, San Diego, CA

 

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