We provide a special form of financing for some companies in financial distress or under bankruptcy protection. It can give a troubled company a new start.

Debtor in possession (DIP) financing is financing obtained by an insolvent debtor while restructuring its business. the debtor is referred to as a debtor in possession (DIP), since the debtor continues "in possession" the business while the business is being restructured. During this time, a DIP is empowered to continue to operate the business and may use, sell, or lease property if doing so is in the ordinary course of the debtor's business.

DIP financing may be used to pay professionals (the debtor's legal and financial advisors, the monitor and its legal advisors and sometimes stake-holder's legal and financial advisors), to provide operating financing to maintain the debtor's business during the restructuring process, sometimes to finance necessary capital expenditures, to pay for the costs of necessary repairs or maintenance of the assets of the debtor and to fund the marketing of all or a portion of the debtor's property. Often DIP financing is sought with all of these objectives in mind.

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