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08-14-2015, 08:58 PM #1Senior Member
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Judge-approved while in chapter 11
I have a client who is in chapter 11 bk but the judge will approve a new loan since they are profitable. It's BIG. Anyone?
Crickets...
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08-17-2015, 08:26 AM #2Senior Member
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What does the Company do?
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08-17-2015, 09:40 AM #3Senior Member
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- Apr 2014
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- New York City
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judge will approve a loan or a cash advance? because there's a difference.
Originally Posted by Christian
Anthony Diamond
Underwriter
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08-17-2015, 03:19 PM #4Banned
Reputation points: 4530
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- Mar 2014
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- Ann Arbor, Michigan
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We have had success applying our knowledge to DIP (Debtor in Possession) finance for over 40 years. Those of us in this space understand the intricacies of the bankruptcy court that are needed to make a finance product fly.
We pay the highest commission in the factoring/PO Funding industry, up to 25%.
Bob Shaw
734.929.3800
rshaw@advancecredit.com
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