Here is an article on the journal about CIT group. This is actually a concern for the industry as CIT is a major player in trade financing - and a major provider of factoring and invoice factoring. Although I suspect that CIT is not "too big to fail", it's failure could have strong repercussions in the small business community in the USA. I know that they finance a number of franchises and small businesses.
This one should be on everyone's radar. I certainly wish them luck.
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Looking for information on purchase order financing? Read factoring articles or the purchase order finance blog
7/11/09
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