CIT Bank - Small Business Lending
As a Small Business Administration (SBA) “Preferred Lender,” CIT Bank – Small Business Lending understands the financing needs of small and growing businesses. Our knowledgeable experts take pride in delivering customized 7(a) and 504 loans to help your business prosper. CIT can meet a variety of small business needs including:
Key areas of focus:
Commercial Real Estate Finance
- Up to 90% financing
- Terms up to 25 years
Construction Financing
- Up to 90% financing
- Terms up to 25 years
- Single loan closing for construction and permanent loans
Medical Practice Financing (MD, Dentist, Veterinarian)
- Up to 85% financing
- Terms up to 25 years
- As little as two years post residency
Partner Buy Outs/Business Acquisitions with CRE collateral
- Up to 85% financing
- Terms up to 25 years
- Industry experience required
Franchise Financing
- Up to 80% financing on start-ups and acquisitions
- Terms up to 25 years
- Management and/or direct industry experience