A subsidiary of Delta Financial Corp., a subprime lender, has secured two new committed warehouse loans for $250 million.

Delta's total commitment is now $1 billion, the company said. The identity of the two new lenders was not disclosed.

The company has secured three new warehouse lines in the past six months, said chief executive Hugh Miller in a statement. Delta now has five warehouse facilities from nine different lenders-two from major commercial banks, one from a five-bank syndicate, and two from investment banks, Mr. Miller said.

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