Recent news in small business lending: • CIT Small Business Lending the #1 lender in 2008 with $771,391,550 in loans filed Chapter 11 bankruptcy • Advanta Credit Card company has filed Chapter 11 bankruptcy • JPMorgan Chase to add $4 billion in small business loans • Bank of America extends nearly $78 billion in small [...]

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The economy is the worst it’s been in years, according to the media. They have been telling us for a year now about how bad things are and how no one predicated this. Some experts think we have turned the corner and there is a light at the end of the tunnel. Others are saying [...]

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