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Debtor-in-Possession (DIP) Financing
Southbridge offers Debtor-In-Possession (DIP) financing to companies in bankruptcy offering the liquidity necessary to provide for a successful plan of reorganization. DIP financing can also provide corporate bankruptcy financing to engage in a prepackaged business bankruptcy where Southbridge provides the funds to work out a settlement with creditors up front, in order to walk into corporate bankruptcy court with a prepacked settlement. Southbridge provides DIP financing following the filing of either a voluntary or involuntary corporate bankruptcy proceeding utilizing the same fundamental asset valuation approach to provide the loan as we would utilize for a company not in business bankruptcy. The best way to improve the chances of a successful exit from bankruptcy is to have an asset-based lender, such as Southbridge, in place at the earliest sign of financial stress. In fact, it's good business practice to establish a relationship with an asset- based lender well before a company reaches a point where its cash flow and capital structure are unpredictable. If or when a company then faces distress, the existing asset-based lender will be the best ally.
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For further information on Southbridge's financial services please complete the following information:
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