CIT Group Inc. announced that it relocated its Mexico office to Mexico City’s district of Santa Fe, as it looks to increase its market share and take advantage of the growth opportunities in the Mexican equipment financing market. The 1,470 square meter (15,800 square foot) office, located at Javier Barros 540, Lomas de Santa Fe, Alvaro Obregon employs 110 individuals and offers CIT greater proximity to its customers and additional space to grow its business.
   
“This full service office will serve as our Mexican headquarters, supporting our business in Mexico,” said Ron Arrington, President of CIT Vendor Finance. “As we look to grow our business, this office and its employees will play a critical role in taking advantage of the equipment financing opportunities throughout Mexico.”

CIT has had a presence in Mexico since 1994.  The state-of-the-art office will support CIT Mexico and service CIT’s clients in the construction, IT, office products, printing, telecomm and transportation sectors.

Ramon Luna Torres, Country Manager for CIT Mexico said, “CIT Mexico is committed to providing unparalleled customer service to its customers and this new location provides us greater access to many of our key vendor partners.”