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Lately I have been asked a lot about one of the types of financing I offer. Everyone knows about bridge financing, hard money, conventional loans, Lines of Credit, etc. Not many people have heard of Debtor in
Possession financing never mind what it is and how to use it.
Debtor in Possession financing or DIP financing is a special form of financing that can be used by companies in financial distress usually in Chapter 11 bankruptcy. DIP…Continue
Posted on November 1, 2010 at 11:18pm