Ford has put out its hand to several investment banks including JPMorgan Chase, Citigroup and Goldman Sachs in an attempt to finance an $18 billion restructuring package. Ford’s says the money will be used to address cash flow, to fund its restructuring, and to provide a safety net against any shocks. An estimated $8 billion is expected to be spent up by the end of the year with the rest used to secure manufacturing through until the end of the decade.

In exchange for the risky investment, the banks will make Ford sign over most of its North American assets as well as both Volvo and Ford Credit. All the paperwork should be finalized by year’s end and will see Ford’s liquidity boosted to $38 billion, which means we’ll see the blue oval ride out the next couple of years without the fear of bankruptcy.