EXHIBIT 21





DVI, INC.





SUBSIDIARIES AND SUB-SUBSIDIARIES





Percentage Owned byName of Entity/Jurisdiction of Organization

Registrant

SubsidiaryDVI Financial Services Inc. (Delaware)

100%DVI Business Credit Corporation (Delaware)

100%DVI Investments Inc. (Delaware)

100%New Valley Health Group, Inc.

96%Westgate Imaging Center, Inc. (Delaware)



100%DVI Lease Receivables Corp. 1993-A (Delaware)



100%DVI Lease Finance Corporation II (Delaware)



100%DVI Lease Finance Corporation III (Delaware)



100%DVI Subordinated Securities Corporation (Delaware)



100%DVI Receivables Corp. (Delaware)



100%DVI Receivables Corp. II (Delaware)



100%DVI Receivables Corp. III (Delaware)



100%DVI Receivables Corp. IV (Delaware)



100%DVI Receivables Corp. V (Delaware)



100%DVI Receivables V, LLC (Delaware)



100%DVI Receivables Corp. VI (Delaware)



100%DVI Receivables VI, LLC (Delaware)



100%DVI Receivables Corp. VII (Delaware)



100%DVI Receivables VII, LLC (Delaware)



100%DVI Receivables Corp. VIII (Delaware)



100%DVI Receivables VIII, LLC (Delaware)



100%DVI Receivables Corp. IX (Delaware)



100%DVI Receivables Corp. X (Delaware)



100%DVI Receivables X, LLC (Delaware)



100%DVI Receivables Corp. XI (Delaware)



100%DVI Receivables XI, LLC (Delaware)



100%DVI Receivables Corp. XII (Delaware)



100%DVI Receivables XII, LLC (Delaware)



100%DVI Receivables Corp. XIV (Delaware)



100%DVI Receivables XIV, LLC (Delaware)



100%DVI Receivables Corp. XV (Delaware)



100%













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EXHIBIT 21





DVI, INC.





SUBSIDIARIES AND SUB-SUBSIDIARIES (CONCLUDED)





Percentage Owned byName of Entity/Jurisdiction of Organization

Registrant

SubsidiaryDVI Receivables XV, LLC (Delaware)



100%DVI Funding Corporation (Delaware)



100%DVI Funding LLC (Delaware)



100%DVI Receivables Corp. XVI (Delaware)



100%DVI Receivables XVI, LLC (Delaware)



100%DVI Receivables Corp. XVII (Delaware)



100%DVI Receivables XVII, LLC (Delaware)



100%DVI Business Credit Receivables Corporation (Delaware)



100%DVI Business Credit Receivables Corp. II (Delaware)



100%DVI Business Credit Receivables Corp. III (Delaware)



100%DVI Mortgage Funding, Inc. (Delaware)



100%DVI Realty Company (Delaware)



100%DVI Texas, Inc. (Delaware)



100%DVI New York, Inc. (Delaware)



100%Healthcare Technology Solutions, Inc. (Delaware)



100%DVI International, Inc. (Delaware)



100%DVI Thailand Ltd. (Thailand)



100%DVI Financial Services (Australia) Ltd. (Australia)



100%Oferil Sociedad Anonima (Uruguay)



100%DVI (Malaysia) SDN.BHD (Malaysia)



100%DVI International (Deutschland) GmbH (Germany)



100%DVI Poland SP. Z.O.O. (Poland)



100%DVI Servicios de Renting, S.A. (Spain)



100%DVI Italia, S.r.l. (Italy)



100%DVI Arizona, Inc. (Delaware)



100%DVI GeorgiaMacon, Inc. (Delaware)



100%DVI GeorgiaNewman, Inc. (Delaware)



100%DVI GeorgiaAthens, Inc. (Delaware)



100%DVI Renting, S.r.l. (Italy)



100%DVI Healthcare Finance Limited (UK)



100%DVI Healthcare (Preston) Limited (UK)



100%Medi Lease en Financiering B.V. (The Netherlands)



100%DVI Finance S.A. (Proprietary) LTD. (South Africa)



75%MSF Holding Ltd. (Bahamas)



72%Medi Lease B.V. (The Netherlands)



50%