DIP financing may be used to keep a business operating until it can be sold as an ongoing concern if this is likely to provide a greater return to creditors than the firm's closure and a liquidation of assets. It may allow your company a new start, albeit under strict conditions.
Right for your business?
If you are considering filing for reorganization under Chapter 11, or have already filed for reorganization, DIP Funding may be a viable solution for operational cashflow.
The information contained herein is for informational purposes only and is not intended to be a substitute for obtaining accounting, tax, financial advice or legal counsel from a professional tax planner or attorney.
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