Forty-two percent of Connecticut executives said credit conditions in the state are good or excellent, according to the newest
CBIA/TD Banknorth Credit Availability Index and Survey
. Only 12 percent said conditions were fair or poor. Ninety percent of those polled said credit conditions will remain the same or improve, despite a weakening dollar and deteriorating credit conditions nationally. An interesting trend the survey finds more common: The use of alternative financing, such as credit cards, leasing, private loans and vendor credit, has become more common among businesses.
