Solas Finance is conscious that the speed of execution is key when dealing with troubled companies: deadlines imposed either by law in the case of bankruptcy, by a fatigued creditor, or by a seller when an opportunistic asset is available make us a logical partner to provide funds in very short time frames. We are generally able to provide a formal letter of intent, followed by our confirmatory due diligence and finally funding with 3 to 4 weeks in case of a corporate transaction. The process is even simpler for bridge loans where we focus on the appraisal for the property and are generally able to close within 1-2 weeks.