CIT Small Business Lending (SBL) Corporation, a New Jersey-based subsidiary of CIT Group Inc., (NYSE: CIT), and the nation's number one SBA lender, proudly announced today that CIT SBL President John Canning has received a special recognition as one of the most influential leaders in the small business lending industry. The recognition was bestowed by The Coleman Report, a leading news information source for the SBA lending industry.
John Canning was honoured for his successful leadership at CIT Small Business Lending despite the increasingly challenging industry landscape, which has put pressure on a number of other non-bank lenders. CIT SBL has been consistently ranked among the top SBA lenders in the country, holding the number one spot for the last three years.