CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc. announced that it has completed its acquisition of Portsmouth, New Hampshire-based Direct Capital Corporation, a provider of financing to small and mid-sized businesses.“We are very...
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August 05, 2014, 07:32 AM
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CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc., entered into an agreement to acquire Portsmouth, New Hampshire-based Direct Capital Corporation, a provider of financing to small and mid-sized businesses. The transaction will expand...
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June 25, 2014, 07:24 AM
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The credit health of U.S. small businesses has improved thus far in 2013, according Direct Capital.Direct Capital’s internal data shows that the average credit score for small businesses rose over 2012 from January to May 2013. That matches a recent...
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June 17, 2013, 07:12 AM
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Small business lending demand hit its highest level of 2013 in March, according to the Monthly Small Business Lending Index released by Direct Capital.
The index showed that small business lending demand across the United States in March was up 4.5%...
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April 15, 2013, 07:25 AM
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