DIP Financing: Comprehensive Guide to Debtor-in-Possession Financing
https://loanbase.com/cre-loans/dip-financing-comprehensive-guide-to-debtor-in-possession-financing/
WEBNov 8, 2023 · The term “Debtor-in-Possession” indicates that the current management retains control, though under the court’s watch. This financing plays a pivotal role by ensuring liquidity, enabling companies to meet operational costs, from paying employees to settling with vendors. Its significance extends beyond mere funds; it’s a statement of trust.
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