The small business credit market is about to take another major hit. Six weeks after Advanta abruptly froze all of its 1 million credit-card accounts, lending giant CIT Group hangs in limbo and is reportedly eying bankruptcy.
cit groupFor small businesses, CIT is already failingEconomic news - CNNMoney.com Wed, 07/15/2009 - 12:56
The small business credit market is about to take another major hit. Six weeks after Advanta abruptly froze all of its 1 million credit-card accounts, lending giant CIT Group hangs in limbo and is reportedly eying bankruptcy. |