Comments on: CIT far from out of the woods http://blogs.reuters.com/commentaries/2009/07/20/cit-far-from-out-of-the-woods/ Now raising intellectual capital Mon, 20 May 2013 07:24:15 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Cathie http://blogs.reuters.com/commentaries/2009/07/20/cit-far-from-out-of-the-woods/comment-page-1/#comment-1060 Cathie Tue, 21 Jul 2009 08:30:31 +0000 http://blogs.reuters.com/commentaries/?p=1449#comment-1060 It seems to me that CIT's Home Mortage/ Student Loans/Commercial Credit, is whats creating the cash crunch for this huge organization. "Barney Frank, the House Financial Services Committee chairman....CIT’s bankruptcy might worsen a credit crunch for entrepreneurs. " http://www.bloomberg.com/apps/news?pid=20601103&sid=aO6j3fSi6PeQ There are other Factoring funders out there. Business don't need to go out of business, just contact other factoring funders... It seems to me that CIT’s Home Mortage/ Student Loans/Commercial Credit, is whats creating the cash crunch for this huge organization.

“Barney Frank, the House Financial Services Committee chairman….CIT’s bankruptcy might worsen a credit crunch for entrepreneurs. ” http://www.bloomberg.com/apps/news?pid=2 0601103&sid=aO6j3fSi6PeQ

There are other Factoring funders out there. Business don’t need to go out of business, just contact other factoring funders…

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