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Services: Debtor in Possession Financing

Is your company going through a chapter 11 bankruptcy reorganization? Are you looking for debtor in possession (DIP) financing? Debtor in possession (DIP) financing can provide the capital liquidity you need to meet business expenses and can help you emerge from the bankruptcy process sooner.

We are a leading provider of DIP financing and can help you improve your company’s cash flow during this challenging time.

DIP Financing - Qualification Criteria

To qualify for our debtor in possession financing program, your company must meet the following criteria:

1. Be a company that is about to file for Chapter 11 (or already in Chapter 11)
2. Sell to commercial customers (no retail sales)
3. Have minimum yearly sales of $500,000
4. Have a plan to return to solvency

Debtor in Possession Financing using Factoring

Do your clients take 30 days or more to pay their invoices? Slow payments from clients can negatively impact your cash flow and prevent you from paying suppliers, employees and creditors on a timely manner. timely payments to all your suppliers and creditors can be essential for the success of a bankruptcy reorganization. Factoring addresses this problem and provides you with the liquidity you need.

Factoring is a form of bankruptcy financing that provides you an immediate advance on your accounts receivable. It provides the cash flow to ensure you can pay employees and vendors on time. More importantly, It enables you to grow your business and take on new clients.

Need a preliminary DIP financing quote? Please click here or call us toll free at (877) 300 3258. Services in the USA only.

How does Factoring Work?

Factoring provides an advance on slow paying receivables and works as follows:

1. You deliver your product/service and invoice your customer
2. We advance you up to 80% of the invoice / accounts receivable
3. Once your customer pays the invoice in full, we advance the remaining 20%, less a small financing fee

Note that the factoring agreement requires the approval of the bankruptcy court

Benefits of our Chapter 11 Bankruptcy Financing Program

Factoring can provide an ideal bankruptcy financing platform. It has a number of benefits that can help debtor in possession companies:

1. It’s easy to obtain
2. Can be set up quickly
3. Provides substantial flexibility
4. Decreases risk of delinquent debt
5. Provides a platform for growth

Need a preliminary DIP financing quote? Please click here or call us toll free at (877) 300 3258. Services in the USA only.

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