Oct 13
Today's New York Times has an excellent article on the difficulty that small businesses are still having in getting loans. While the capital markets have freed up, and as a result larger firms are able to tap the capital markets for bonds and commercial paper, small businesses cannot do that. For very small businesses, the main sources of credit -- home equity loans and credit cards -- are drying up. Now it looks like one of the biggest lenders to slightly larger firms, CIT Group ( CIT )
