Serving the Housewares Industry

CIT Commercial Services is a leading provider of financing, working capital, and accounts receivable management solutions to the housewares industry. We tailor financial products that help companies of all sizes increase sales, improve cash flow, reduce operating expenses and eliminate customer credit losses.

Our clients are manufacturers and importers that range in size from $2 million to $1 billion in annual sales and sell to approximately 230,000 retail and wholesale customers nationwide and internationally.  Watch on one of our client testimonials. Fred Rabizadeh, VP of Finance at Tabletops Unlimited, discusses how, with CIT, he can rest assured that he’ll get paid when he makes a sale

Services for the Housewares Industry

  • Asset-based lending 
  • Credit protection - domestic and international 
  • Accounts receivable management services 
  • Working capital financing 
  • Inventory financing 
  • Growth financing 
  • Acquisition financing 
  • Import/export financing

Housewares Companies turn to CIT to:

  • Establish a strong working relationship with a lender that understands the housewares industry
  • Monetize their working capital assets
  • Improve cash flow
  • Gain online real-time access to account balances and activity
  • Grow their working capital line of credit as their assets increase
  • Obtain credit protection to help manage large customer credit exposures
  • Reduce expenses by outsourcing credit checking and bookkeeping functions

 

CIT Outlook Series

Survey reveals executives are forecasting stronger sales performance in 2014

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