Debtor in Possession Financing
EBF’s Debtor in Possession Financing offers your business a lifeline in a time of distress.
When a company is in financial distress, it can be challenging to obtain the necessary funding to continue operating. This is where Debtor in Possession (DIP) Financing can provide a solution.
DIP Financing is a type of financing available to companies that are in bankruptcy or have filed for Chapter 11 bankruptcy protection. It allows the company to continue operating while restructuring its finances and operations and avoid the liquidation of its assets.
DIP financing is provided to companies that are in bankruptcy or have filed in bankruptcy, filed for CCAA, and businesses under BIA protection.
Bankruptcy protection. Express Business Funding will assess the company’s financial situation and determine how much financing the company needs to continue operating.This financing is typically secured by the company’s assets, such as inventory, equipment, and accounts receivable.
At Express Business Funding, we understand the challenges that companies face when they are in financial distress. That’s why we offer a comprehensive Debtor in Possession Financing solution that helps companies continue operating while they restructure their finances and operations or prepare for the sale of their business.
Our team has extensive experience in providing DIP Financing to companies across a range of industries. We work closely with our clients to develop a financing solution that is tailored to their specific situation, providing the necessary capital to continue operating while also ensuring that the company can successfully restructure its finances and operations.
At EBF, we have the expertise to assess your company’s financial situation and determine how much financing you need to continue operating while restructuring. While this may sound like something that should be standard, there are many financiers who offer out-of-the-box solutions, which have not been created to answer your business’ particular demands.
Because we understand that every company is unique, and we take a collaborative approach to working with our clients. Our flexible terms, including competitive interest rates and repayment terms, are designed to ensure your business can turn over a new leaf without any added hindrances.