CIT, a division of First Citizens Bank, announced the Industrial group within its Equipment Finance business provided more than $5 million toward the acquisition of multiple pieces of heavy equipment by a large construction firm.The 10 items of heavy...
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January 21, 2022, 07:15 AM
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CIT Group Inc. announced that the Industrial group within its Equipment Finance business has provided about $4.4 million in financing toward the acquisition of multiple pieces of heavy equipment. The equipment consists primarily of yard loaders and...
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October 20, 2021, 07:20 AM
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CIT Group Inc. announced its Equipment Finance business, part of the Business Capital division, has hired new business development leaders for the Northeast, West and Southwest regions.Wayne Wagner, Mark Johnson and JP DeStefano join CIT as Vice...
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April 22, 2021, 07:25 AM
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CIT Group Inc. reported third-quarter net income available to common shareholders of $132 million, compared with net income available to common shareholders of $220 million for the year-ago quarter. Income from continuing operations available to...
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October 23, 2018, 07:20 AM
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CIT Group Inc. reported second-quarter net income available to common shareholders of $117 million, compared with net income available to common shareholders of $157 million for the year-ago quarter. Income from continuing operations available to...
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July 24, 2018, 07:28 AM
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CIT Group Inc. announced the integration of its FlexAbility solution with ECi’s e-automate software product.CIT’s FlexAbility solution gives manufacturers and dealers the ability to structure what they sell, how they charge for it, how invoices are...
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July 19, 2018, 07:15 AM
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CIT Group Inc. announced it is expanding its Business Capital team with the addition of two business development officers to help support growth initiatives for business technology solutions.“Expanding our business development team will enable us to...
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June 27, 2018, 07:25 AM
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CIT Group announced leadership updates as the company continues to focus on growth and development of its core business lines. Mike Jones, who previously led the company's Equipment Finance business, was named president of the Business Capital unit...
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January 25, 2018, 07:23 AM
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CIT Group announced that CIT Equipment Finance made two key appointments designed to further grow CIT’s Office Imaging dealer relationships in the Southeast and Midwest regions of the United States. The new executives will report to David Gerrard...
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November 10, 2016, 07:15 AM
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CIT Group announced the appointment of Michael Jones as Managing Director of CIT Equipment Finance, effective September 25. Jones will be based in Jacksonville, Florida and will report to Steve Solk, President, CIT Business Capital. “I’m excited to...
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September 09, 2016, 07:10 AM
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CIT Group announced a financing relationship between CIT Equipment Finance, a leading provider of equipment financing solutions in the United States, and LiuGong North America (LiuGong), a global leader in the manufacturing of heavy construction...
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April 06, 2016, 07:16 AM
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CIT Group announced that CIT Capital Equipment Finance made several key appointments designed to further build a best-in-class originations team focused on creating tailored capital equipment financing solutions for middle-market companies.
“I am...
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March 04, 2016, 07:32 AM
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CIT Group announced that CIT Equipment Finance has entered into a program agreement with SANY America (SANY), a global manufacturer and seller of construction and material-handling equipment. As the preferred provider of financing for SANY, CIT will...
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December 28, 2015, 07:00 AM
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