Existing equity holders may hesitate to invest more.
Get the Funding You Need for Restructuring with DIP Financing
Our DIP (Debtor in Possession) Financing Process
Once eligibility is established, we present the borrower with modified loan terms tailored to their circumstances. This includes working closely with underwriters and ensuring complete regulatory compliance with government loan modification rules and regulations.
Our process culminates in the dispatch of modification packages to the borrower, providing them with a comprehensive understanding of their new mortgage plan and educating them about the implications and benefits of the modified terms.
What Is DIP Financing?
DIP Financing is a specialized financial solution designed for businesses undergoing Chapter 11 bankruptcy. It’s an opportunity for businesses to access capital for restructure and turnaround funding.
DIP Financing is unique as it prioritizes new debt incurred during the bankruptcy process, offering hope for businesses struggling to stay afloat. Foreclosure bailout funding is available for those who qualify.
How DIP Financing Helps Protect Your Business
When a business enters bankruptcy, it can trigger a series of challenging events:
Debtor in Possession Financing acts as a critical support system during these times. It reassures all stakeholders — employees, customers, suppliers, and investors — that the business is not only operational but also working towards a viable future. DIP Financing can simplify your restructuring and keep your business running, thereby ensuring continuity and a path to profitability.
Frequently Asked QuestionsAbout Restructuring and Turnaround Financing
How fast can DIP financing be put in place?
The speed of obtaining DIP financing varies, but our dedicated team works diligently to expedite the process, understanding the urgency of your business.
What are the disadvantages of DIP financing?
While DIP financing offers crucial support, it may come with higher interest rates and requires court approval, which can be a complex process.
How do I qualify for DIP financing?
Qualification for DIP financing is determined based on your business’s viability and restructuring plan. OHIO 4CLOSURE works closely with you to evaluate if DIP financing is suitable and how it can be effectively utilized for your specific situation.
Discover Financial Relief Through Loan Modifications
At OHIO 4CLOSURE, we are committed to supporting business owners through their most challenging financial phases. If you are in need of a foreclosure bailout or restructure and turnaround funding, we are here to help. Our DIP Financing options are designed to offer a lifeline, enabling businesses to navigate through bankruptcy while maintaining operations and planning for a profitable future.
Contact us today to explore how we can assist in your business’s turnaround and recovery.
How it Works: Our Process
Three Simple Steps
to Save Your Credit and Property
We ask seven questions so we can research your property.
We’ll schedule a meeting – virtual or in-person – to get more specific information and understand what your end-goal is.
We’ll meet with you again – virtual or in-person – to recommend the best solution for your situation and review the next steps to get started.
Schedule a Consultation614-687-1964