Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT Southern Pacific Thrift and Loan, a California corporation. Imperial Business Credit, Inc., a California corporation. Imperial Credit Advisors, Inc., a California corporation. Franchise Mortgage Acceptance Company LLC, a California limited liability company. Auto Marketing Network, Inc., a Florida corporation. Southern Pacific Funding Corporation, a California corporation. Each of the aforementioned subsidiaries do business under its respective name.