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:
7(A) AND 504 LOANS: BUSINESS ACQUISITION • BUSINESS START-UP • COMMERCIAL REAL ESTATE PURCHASES • CONSTRUCTION
Key areas of focus:
Franchise Financing
- Up to 80% financing on start-ups and acquisitions
- Terms up to 25 years
- Management and/or direct industry experience
Medical Practice Financing (MD, Dentist, Veterinarian)
- Up to 85% financing
- Terms up to 25 years
- As little as two years post residency
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
Business Acquisition Financing
- Up to 85% financing
- Terms up to 25 years
- Industry experience required
Self-Storage White Paper
Five Self-Storage Opportunities for 2012
CIT in the News
QSR Magazine - Access to Cash is Key
Featuring Todd Harrington, Managing Director and Chief Sales Officer, CIT Bank – Small Business Lending
CIT Executive Spotlight
2012 U.S. Small Business Outlook
With Todd Harrington, Managing Director and Chief Sales Officer, CIT Bank - Small Business Lending