• Capital Equipment Finance

    For transactions of widely varying sizes, get flexible terms up to eight years, with rates tailored to the equipment and borrower.

  • Capital Equipment Financing

    CIT Capital Equipment Finance is a leading provider of equipment financing solutions for companies in a wide range of industries. We have nearly a century of experience in developing innovative financial products and services that are flexible, affordable and tailored to our customers’ specific needs.

    Our experienced sales and underwriting professionals work with companies to structure transactions that consider unique requirements and industry characteristics. Designing specific solutions that take into consideration business cycles, seasonal needs, specialized equipment requirements and other factors allows us to add value to our customers’ businesses.

    We specialize in providing equipment loans and leases for transactions ranging in size from $3 million to $100 million and more. We offer flexible terms of up to ten years, with advance rates tailored to the equipment and credit strength of the borrower.

    Products & Services

    With capital equipment financing from CIT, you can maintain cash flow, minimize risk and stay ahead of the competition.  Receive funding to acquire the equipment you need to expand, while freeing up cash that can be allocated to other areas of your business.  Our products and services include:

    • New and used equipment loans and leases
    • Equipment refinancing arrangements
    • Sale-leaseback transactions
    • Senior term debt financing
    • Lease lines of credit for equipment capital expenditures
    • Cash flow loan structures
    • Asset-based revolving lines of credit

    Key Areas of Focus

    CIT Capital Equipment provides financial solutions for small businesses and middle market companies in many industries, including:   

    • Aerospace & defense
    • Automotive
    • Construction 
    • Distribution 
    • Food, beverage and agriculture 
    • General manufacturing 
    • Healthcare and medical 
    • Island marine
    • Machine tools 
    • Materials handling 
    • Media and entertainment 
    • Metals 
    • Mining 
    • Packaging 
    • Plastics 
    • Printing 
    • Pulp & paper 
    • Supermarkets/convenience stores 
    • Textiles 
    • Trade & service 
    • Trucking & logistics 
    • Utilities
  • Capital Equipment Finance Advantages

    CIT Capital Equipment Finance can help you meet your business objectives.  Here are just some of the reasons why equipment leasing could be a smart choice for your company:

    Preserve working capital 
    Corporate equipment acquisition financing or leasing allows companies to take possession of equipment quickly, while preserving working capital for other strategic purposes.

      Leverage equity   
      With a secured loan, companies can take advantage of the equity in their existing equipment, or use newly-purchased equipment as collateral.

        Improve cash flow
        A revolving line of credit enables companies to improve their cash flow and restructure their debt according to their current and future requirements. Companies can also improve cash flow by reducing their initial investment and monthly payments with certain lease structures.

          Reduce risk   
          Several structures help companies divest obsolescence risk, and provide flexibility to match equipment needs with business cycles.

            Support growth with flexible funding options  
            Businesses can match terms of funding with useful life of equipment. Companies have the option to choose either fixed or floating rates.

              Save with possible tax benefits
              Equipment financing can result in varied accounting and tax benefits.

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