David M. Katz, CFO.com | US
November 2, 2009
The article doesn't match what we are seeing in the market. From an IT captive standpoint demand is at an all time high. Our business is up 60% year/year. More and more customers are turning to the captives because their traditional lines have dried up. What we are hearing from our customers is that the banks and the independent lessors have stopped extending credit or they are way too expensive. The credit markets have definitely tighten and any available credit is much more expensive.
Posted by Wade Schoech | Nov 4, 2009 11:41 AM ET