The following post is a press release from a Florida based company called, Dragonfi.  If you are a developer in need of some assistance, feel free to check out Dragonfi.com.  The main focus is high profile developers that may have run into cash flow problems and need help because of that reason, read on.

Credit crunch? Dragonfi has found millions of dollars to help some high-profile developers out of their cashflow problems in 2007.

The reason? The dollar is cheap, and Dragonfi has direct contacts with overseas funding sources not readily available to even some large-scale developers in the U.S.

Added to that is the fact that Dragonfi’s expertise in the investor-focused residential loan market means they can rescue developers and make sure their pre-sales still close, even as other lenders find it harder and harder to get loans done.

Dragonfi is not a “vulture fund,” namely because they are not waiting until developers get into public trouble with their projects (which would be ruinous for many developments) but instead get in discreetly and quietly to help out existing ownership and retaining them as partners in the deal.

While many finance companies have met their maker this year, Dragonfi, by changing its strategy to fit changing times, will only get stronger as the real estate and mortgage crises only get worse.

And don’t think things aren’t getting worse, because 2008 is going to bring about new lows.

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