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  • Illustration of equipment.

    Capital Equipment

    For transactions of varying sizes, get flexible terms of up to 10 years with rates tailored to the equipment and your needs.

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  • CIT's capital equipment business

    CIT specializes in providing equipment loans and leases for transactions ranging in size from $3 million to $100 million and more. 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.

    Products & services

    • 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

    • 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

    Capital equipment financing from CIT 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.

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    Preserve working capital

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

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    Leverage equity

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

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    Improve cash flow

    A revolving line of credit enables you to improve your cash flow and restructure your debt according to your current and future requirements. You can also improve cash flow by reducing your initial investment and monthly payments with certain lease structures.
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    Reduce risk

    Several structures help you divest obsolescence risk, and provide flexibility to match equipment needs with business cycles.
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    Support growth with flexible funding options

    You can match terms of funding with useful life of equipment. You have the option to choose either fixed or floating rates.
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    Save with possible tax benefits

    You may be able to take advantage of varied accounting and tax benefits.
  • Contact us today

    Our experienced sales and underwriting professionals design specific solutions that consider business cycles, seasonal needs, specialized equipment requirements and other factors. Learn how we can work together.