A/R Finance & Factoring Terms GLossary

Definition ofDebtor-in-Possession (DIP)

Debtor-in-Possession (DIP) is funding provided to a company that has filed for chapter 11 bankruptcy protection from creditors. It is typically available to companies where lenders believe the company has a credible chance and a viable plan to turn itself around. It is not available to firms that simply want to liquidate the company. Paragon offers DIP funding.

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OTHER TERMS BEGINNING WITH "D"

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