Debtor-In-Possession financing is achieved pursuant to section 364 of the Bankruptcy Code and must be formally approved by the court. If your company (or counsel) has made a motion for authorization to obtain credit and you are seeking a financing source to present to the court, please contact Endeavor to see if an ABL/factoring credit facility may meet your needs. Our in-house counsel, as well as retained expertise in DIP financing, have the experience and knowledge you need to successfully obtain DIP financing and emerge from Chapter 11 Bankruptcy.
