What is Director's Loan Account? This article explores your legal rights and obligations concerning director loans so your business can avoid a director loan dispute.Deposit Insurance Coverage At-a-Glance. Directors Loan Account (DLA) is an account on the company financial records that reports all transactions between the director and the company. You must keep a record of any money you borrow from or pay into the company - this record is usually known as a 'director's loan account'. A director's loan is a loan taken out of the company that is not used to replace a salary, dividends, expense reimbursement, or to repay an existing loan.