CIT Vendor Finance
CIT Vendor Finance is a global leader in providing business solutions for manufacturers, distributors and product resellers and financial solutions for their customers. CIT maintains relationships and develops financing programs with leading manufacturing companies that can enable increased sales while providing equipment leasing and financing to small and middle market businesses across all industries that facilitate the purchase of equipment according to their needs.
HARDWARE FINANCING • SOFTWARE AND SERVICES FINANCING • COST PER/USAGE BILLING • JOINT VENTURE PROGRAMS • PRIVATE LABEL PROGRAMS
Solutions
- Capital and operating leases
- Customized financing structures
- Collateral or cash flow loans
- Retail financing for distributors/manufacturers
- Discounting programs
- Portfolio acquisitions
- Refresh programs
- Ownership programs
- Channel financing
- Managed services
- Tailored leasing programs
Program Structures
- CIT brand
- Private label
- Co-branded
- Joint Venture
- Third-party referral
Financing Options
- Fair Market Value (FMV)
- Fixed-price purchase options ($1 or 10%)
- Municipal leases (SLG)
- Cost Per Copy (CPC) / Cost Per Print (CPP)
- Master Lease Agreements
- Co-terminus schedules / Add-ons
- Deferred-payment structures
Vendor Partners turn to CIT Vendor Finance to:
- Sell more equipment
- Improve cash flow and liquidity while preserving capital
- Close sales quickly
- Establish new relationships and increase customer loyalty
- Minimize exposure and investment requirements
- Reduce the cost and administrative burden of maintaining an in-house leasing operation
- Capture incremental revenue
- Offer a broader range of financing choices to their customers
Customers turn to CIT Vendor Finance for:
- Predictable, low monthly payments
- Reduced upfront costs and preservation of capital
- Flexible pay structures
- Ability to bundle transactions
- Keep up with changes to technology
- Potential accounting and tax advantages
Customers
- Approximately 700,000 end-user customers across all industries (small, middle market and Fortune 1000)
- Business partners and vendors worldwide
- Manufacturers and dealers of hardware, software, office product, telecommunication, healthcare and other equipment, as well as distributors and value-added resellers
Executive Insights Series
Equipment Leasing Opportunities in Asia
With Adrian Pang, Managing Director, CIT Vendor Finance, Asia
