Naples Lending Group, L.C. (NLG) provides Debtor in Possession (DIP) loans and exit financing to entities in CH. 11 Bankruptcy. DIP loans are typically asset based, revolving working-capital facilities put into place at the outset of Chapter 11 to provide both immediate cash as well as ongoing working capital during the reorganization process. Perhaps most important, DIP financing helps the company restore vendor and customer confidence in the company’s ability to maintain its liquidity. For over a decade, NLG has been lending to bankrupt entities in multiple industries across the country, ranging from energy transportation, assisted living facilities, and master-planned golf communities.
Typical commitments have been between $1,000,000-$5,000,000 with rates generally determined on the size of the commitment. If you are interested in speaking with us regarding a potential DIP loan or exit financing, please contact us at 239-514-4484.
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