With our purchase facility, developers can sell both existing receivables they are currently holding as well as new loans as they are originated. DFC will advance up to 100% of the loan amount and there is typically no discounting.
Developer Credit Line(DCL)
Our credit facility allows a developer to borrow against new and existing receivables. With this program, we’ll advance up to 90% of the loan amount at very attractive rates and terms.
Acquisition and Development Loans(A & D)
Typically reserved for developers who have a standing relationship with DFC, our A&D loans provide a portion of the funds necessary to acquire and/or develop property. The goal of this program is to assist the developer in creating inventory that will ultimately result in end receivables to be sold or pledged to DFC.
Portfolio Purchase
DFC will purchase portfolios of existing land loans which are typically offered through the secondary market.
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