Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides commercial financing and leasing capital and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending,
equipment and rail leasing, and vendor finance.
CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its internet bank BankOnCIT.com, offers a suite of savings options designed to help customers achieve a range of financial goals.
Our Commercial Financing Solutions
Our business areas operate under two segments: North American Commercial Finance and Transportation & International Finance.
North American Commercial Finance
CIT Corporate Finance provides lending, leasing and other financial and advisory services to the middle market with a focus on specific industries, including: Aerospace & Defense, Business Services, Communications, Energy, Entertainment, Gaming, Healthcare, Industrials, Information Services & Technology, Restaurants, Retail, and Sports & Media.
CIT Real Estate Finance, with its deep industry relationships, underwriting experience and market expertise, originates and underwrites senior secured real estate transactions. Its transactions are focused on experienced and well-capitalized sponsorship that require moderate leverage, a visible repayment strategy, and market competitive terms and pricing.
We are a leading provider of factoring services in the United States. It provides credit protection, accounts receivable management services and asset-based lending to manufacturers and importers that sell into retail channels of distribution.
We are a leader in developing customized business solutions for small businesses and middle market companies, providing equipment financing and value-added services. Working with manufacturers, distributors and product resellers across multiple industries, it develops financing programs and financial solutions tailored to the commercial end-user customer’s needs that can enable increased sales.
Transportation & International Finance