We have extensive experience in arranging debtor in posession (DIP) financing for companies operating while in bankruptcy.
Call us toll-free at 1-800-595-1474
Call Us...Toll Free!
5-Star Mobile Home Parks
Apartments
Apartment Buildings
Assisted living facilities
Auto repair garages
Boutique hotels
Car dealerships
Care facilities
Car wash facilities
Casinos
Church financing
Congregate care
Drugstores
Walgreens
CVS Pharmacies
Rite Aid
Energy
Ethanol plants
Factories
Factory outlets
Franchises
Gas stations
Golf courses
Grocery stores
Hospitality
Hotels
Housing developments
Independent living facilities
Industrial parks
Land acquisitions
Manufacturing facilities
Medical facilities
Medical offices
Mini storage
Mixed use
Mobile home parks
Movie theaters
Office buildings
Offices
Parking garages
Post Offices
Private schools
Raw land
Regional malls
Residential subdivisions
Resorts
Restaurants
Retail centers
RV parks
Senior housing
Shopping centers
Ski resorts
Special use buildings
Strip centers
Student housing
Tract development
Warehouse distribution centers
Warehouses
Wineries

 
 
 

DEBTOR IN POSSESSION (DIP) FINANCING

Ocean Pacific Capital has been in the commercial real estate finance business since 1977. We have extensive experience in arranging the best debtor in posession (DIP) financing for companies operating while in bankruptcy.

DIP financing is unique from other financing methods in that it usually has priority over existing debt, equity and other claims. DIP financing is considered attractive because it is done only under order of the Bankruptcy Court, which is empowered by the Bankruptcy Code. Debtor-in-Possession financing can also provide corporate bankruptcy financing to engage in a prepackaged business bankruptcy where the asset based lender providing DIP financing supplies the funds to work out a settlement with creditors up front, in order to walk into corporate bankruptcy court with this prepacked settlement.

Asset based lending sources provide Debtor-In-Possession financing following the filing of either a voluntary or involuntary corporate bankruptcy proceeding utilizes the same fundamental asset valuation approach to provide the loan as it would utilize for a company not in business bankruptcy.

The availability of DIP financing may depend on the perceived viability of the company during the proceeding and on its ability to successfully complete a Plan of Reorganization (POR). The Plan of Reorganization must specify how the debtor intends to pay the creditors and Debtor-in-Possession financing is a means toward that end.

Potential Applications:

- Bankruptcy Financing: Voluntary or Involuntary Bankruptcy

- Plan of Reorganization

- Restructuring

- Turnaround Financing

DIP loans are often collateral-driven and the inability to monitor cash closely can create exposure quickly. Asset-based lending sources have the best capability to monitor that collateral. This monitoring capability gives turnaround consultants real-time collateral and financial information.

The asset-based lending community is also the best at valuing assets. It is well versed in the ins and outs of the bankruptcy process and it offers the financially troubled company a friendly environment for restructuring. Simply put, when a company goes into a DIP, asset-based lending sources have the credentials necessary to get the deal done. The best way to improve the chances of a successful exit from bankruptcy is to have an asset-based lender in place at the earliest sign of financial stress.

It is a 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 have become unpredictable. If or when a company then faces distress, the existing asset-based lender will be the best ally.

If you need the best DIP financing, call our Commercial Loan Department at 1-800-595-1474 today for a free consultation. We pride ourselves in personalized customer care so a friendly and experienced loan officer specializing in DIP financing will be at your side throughout every step of the process.


Whatever your financing needs,
we will tailor a loan that's right for you.

Commercial Construction Financing
 
 



Daily Oil & Gas and Wall Street Journal News
9/21/17

Glencore Strikes Multi-Year Purchase Deal With Angola LNG
Posted on Tuesday September 19, 2017

Glencore is to buy LNG supplies from Angola LNG over a multi-year period.

WoodMac: LNG Growth To Propel Oil And Gas Industry's Carbon Emissions
Posted on Tuesday September 19, 2017

LNG will be the biggest source of carbon emission growth for the world's top oil and gas companies by 2025, according to a new study by Wood Mackenzie.

Robust Asia Demand Drives ME, Russia Crude Premiums To Multi-Month Highs
Posted on Tuesday September 19, 2017

Spot premiums for Middle East and Russian crude loading in November and December have hit multi-month highs.

EIA: US Crude Inventories Up Again, Gasoline, Diesel Stocks Down
Posted on Tuesday September 19, 2017

US crude oil stockpiles jumped last week as imports and production increased, while distillate inventories fell the most in nearly six years and gasoline inventories also declined.

Dominican Republic Shuts Most Ports Ahead Of Hurricane Maria
Posted on Tuesday September 19, 2017

Dominican Republic closed most of its ports ahead of Hurricane Maria, the government says.

Anadarko To Spend $2.5B On Massive Share Buyback
Posted on Tuesday September 19, 2017

Anadarko says it would spend $2.5 billion to buy back its own stock.

Oil Up 2% Despite US Crude Build; Set For Best 3Q Since 2004
Posted on Tuesday September 19, 2017

Oil prices settled up 2% despite a rise in US crude inventories.

Advanced Communication Crucial to Quashing Protesters
Posted on Tuesday September 19, 2017

Armed with scare tactics and social media, professional pipeline protesters are requiring the energy industry to use advanced communication to silence their claims.

Petrobras CEO Says Transfer Of Rights Talks Still Ongoing
Posted on Tuesday September 19, 2017

It is unclear when talks will conclude with the government on a revaluation of stakes in offshore oil blocks known as 'Transfer of Rights' areas, a Petrobras executive says.

Two Big Words Show Why US Oil May Finally Be Turning a Corner
Posted on Tuesday September 19, 2017

Oil futures in New York have been stuck in glut mode, but that may be starting to change.

Wall Street Journal
Commercial News

9/21/17

WSJ.com: Commercial Real Estate

NYC's Pearl River Mart Will Expand to Chelsea Market
Pearl River Mart, once a casualty of skyrocketing retail rents, is planning to open another 3,500 square-foot store at Chelsea Market in Manhattan.

Office Spaces Focusing More on Communal Areas
Businesses are beginning to design offices spaces that are increasing the amount of square footage per employee when shared work settings are taken into account.

Chocolate Giant Ferrero to Look for Innovation at Cornell Tech
Ferrero, Italian manufacturer of sweets and chocolates, is setting up an innovation outpost at Cornell University?s technology campus on Roosevelt Island in New York City.

Shortage of Industrial Space on Long Island Squeezes Tenants
Long Island?s shrinking industrial space has placed expanding tenants in a tough spot, forcing them to look east to Suffolk County and off the island entirely, according to real-estate services firm JLL.

Supermarkets Face a Growing Problem: Too Much Space
A massive build-out by retailers has left the country piled up with grocery shelves as consumers shift from big weekly shopping trips to more snacking and to-go meals.

Excuse Me, You're Blocking My Sun
Australia?s rapid embrace of rooftop panels?now installed on one in four homes in some areas?has collided with another hot spot of investment, construction of apartments and homes.

1031 Exchange Real Estate Tax Break Faces Extinction
A much-loved tax advantage in the commercial real-estate industry is on the chopping block even as chances dim for the passage of a broad federal tax overhaul this year.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
Top| Contact| Privacy| Licensing| Site Map| Resources
DESIGNED AND
POWERED BY

Ocean Pacific Capital