Katie LeMasurier and Bill Johnson of CIT Small Business Lending discuss their firms approach to acquisition lending.

Summary: Started in 1908 in St. Louis, Missouri, CIT Small Business Lending Corporation is a Fortune 500 company with $65 billion in owned and managed assets. Katie LeMasurier and Bill Johnson of CIT discuss their firm's process by which they provide SBA loans and more specifically the 7A program that their firm utilizes. Currently the largest SBA lender, CIT is an SBA loan source specializing in understanding your business and providing customized solutions to meet your financing needs. CIT provides SBA loans and financing packages from $75,000 up to $5 million to a wide variety of small businesses, including, Assisted living facilities, Auto lube businesses, Chiropractors, Construction loans, Day care centers, Franchises, Funeral homes, Hotels/motels, Nursing homes, Physicians, Restaurants, Veterinarians, Women-owned businesses, and more. CIT Small Business Lending Corporation is committed to fueling the growth of the nation's small businesses. They offer Small Business Administration (SBA) loans for: Business Succession Financing, Commercial Real Estate Financing, Franchise Financing, and Construction Loans.