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98 days, 48 minutes ago
Tuesday, November 03, 2009 4:24:41 PM GMT Monday, November 02, 2009 7:21:58 PM GMT

Standing in the Wake of CIT Bankruptcy Filing
Standing in the Wake of CIT Bankruptcy Filing
 
blog.receivablesxchange.com -- After months of efforts to stay afloat, CIT's filing for bankruptcy yesterday sent shockwaves through the small and midsize business community, particularly retailers and manufacturers. Thousands of retailers and manufacturers are seeing their single source of liquidity evaporate before their eyes. Yesterday's filing underscores the fact that companies can no longer rely on one primary source of liquidity. It is imperative that they have broad access to competitively-priced capital.
mattkmattk posted 98 days, 21 hours, 50 minutes ago     show counter code
tags: financing, receivables financing, small business

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