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The Nation's Small and Midmarket Businesses brace for looming fallout of CIT.

Publication: Information Technology Newsweekly
Publication Date: 10-NOV-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
As CIT struggles to gain bondholder support to avoid bankruptcy, the nation's small and midsize businesses (SMBs) are turning to other forms of financing to fund their day-to-day operations. While CIT's uncertain outcome had left many of the nearly one million businesses that rely on the lender for working capital - particularly those in manufacturing and retail - feeling vulnerable, many are now finding that alternative sources of business financing is...

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