DIP Financing

Debtor in Possession Financing. This is a special form of financing granted to companies in financial trouble. Usually these companies are in a Chapter 11 bankruptsy. The unique feature of a DIP loan is that the bankruptsy court usually grants a super-priority status to the new loan. This means that the new loan gets to jump in front of any mezzanine financing and any senior mortgages in the debt stack.

MNM Commercial Capital has substantive experience in these types of projects and can provide DIP financing. Please contact us if you ae interested in securing such financing.