Debtor in Possesion Financing
MARS Consortium Financing Firm has numerous financial service solutions in place to help companies access capital. One of these financial service solutions is Debtor in Possession (DIP) Financing. DIP Financing is provided to companies who have filed for bankruptcy protection and reorganization under the Bankruptcy Code. Another solution offered is turnaround financing which is used by under-performing businesses that are not achieving their full potential. Timing is critical when a company is in distress or underperforming. The principals at MARS Consortium Financing Firm have extensive experience working with companies operating while in bankruptcy. MARS Consortium Financing Firm can provide a financial lifeline through debtor in possession loans for your real estate project and business while you navigate the bankruptcy process. Our financing enables your business to stabilize operations, maintain payroll, pay suppliers, restructure your balance sheet, and eventually repay creditors and emerge from bankruptcy. Debtor-in-possession (DIP) financing serves a vital business function, allowing debtors to fund operations as they prepare for a reorganization or sale of assets, while also providing secured creditors an opportunity to improve their recovery.
With an expansive network of lender clients, our team has extensive experience in evaluating whether a DIP loan is a sound strategy. We assist existing pre-petition lenders in assessing their loan documentation and existing collateral to determine if entering into a post-petition DIP loan can address any pre-existing deficiencies or otherwise enhance their rights and recovery. We also counsel third party lenders interested in making DIP loans to help debtors fund capital needs while in reorganization.