J.C. Penney is considering options for raising additional cash, sources told CNBC.
The retailer has met with banks in recent months about fund-raising possibilities, although it is unclear how much money Penney would try to raise.
(Read more: JCPenneyand Best Buy: A tale of two retailers)
The company's management has not yet made a final decision about raising cash.
The sources said Goldman Sachs is likely to be involved in any J.C. Penney fundraising.