CIT Announces Offer to Boost to Small Businesses

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CIT Group Inc. (NYSE: CIT) announced a special offer to its Small Business Lending customers.With immediate effect and until March 10, 2010, CIT Small Business Lending will waive its $1,000 packaging fee on all approved Small Business Administration (SBA) 7(a) loan applications.This measure follows the Company’s earlier announcement to commit $500m to support its Small Business Lending group in 2010 to fund government guaranteed loans in the SBA 7(a) and 504 lending programs.FinSMEs 15/12/2009

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