Struggling department store retailer J.C. Penney (NYSE:JCP) was recently able to not only renew its credit line with Wells Fargo and Bank of America, but it was also able to actually INCREASE it from $1.85 billion to a cool $2.35 billion. It's not terribly surprising that the company was able to renew its credit line, but to have actually increased it by an eye-popping $500 million appears to be generous at first glance. Might its lenders have an inside glimpse into the retailers turnaround, which has made them increasingly bullish on J.C. Penney's ability to bring back customers? Motley Fool consumer goods analyst Sean O'Reilly walks Foolish viewers through the facts and gives insight into just what J.C. Penney's lenders are thinking.

Sean O'Reilly owns shares of J.C. Penney Company. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.