Debtor in Possession/ DIP Financing Loan approved
Gelt Financial, LLC in partners with our sister company DIP lending, LLC we have approved two Debtor in Possession (DIP) deals in the last few days.
In both cases we were able to issue approvals within hours of being presented the opportunities. We instantly got a handle on deal, the goals and desires of the borrower. We verbally went over the terms, time lines and when agreed to presented the borrowers a term sheet.
Because we are private portfolio lenders we have the ability to meet the needs and customize the terms of the financing and deal to the situation and circumstances. We offer flexible terms with interest reserve as well we can fund other part or all of the chapter 11 costs and professional fees. We have a lot of experience in this area and that’s a big value add.
We work with Real Estate Investors, Business owners, Attorneys, creditors for a successful outcome we are fast moving and active in the area of distressed situations, note on note financing, Debtor in possession or DIP and chapter 11 exit financing.
For more information contact info@Geltfinancial.com or call us at 561-221-0900
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