Debtor-In-Possession (DIP) Financing
For companies in financial distress such as during restructuring or in bankruptcy, your financing options disappear just when you need them most. DIP Financing offers hope if you retain control of assets or property and continue to operate while under Chapter 11 bankruptcy reorganization.
This financing gives a company the opportunity to reverse course and get a new start, or it can help you operate until sold as a going concern or until non-core assets are liquidated.
Utica Leaseco DIP financing has helped in a wide range of situations, including:
• Recapitalizations
• Turnarounds & Workouts
• Bankruptcies, Reorganizations & Liquidations