You are using an outdated browser. Please upgrade your browser to use this site.

  • Telephone, invoice, pen, and calculator

    Asset Based Lending

    Our flexible asset-based financing and debt solutions go beyond those offered by traditional banks.

    Boxes stacked on 2 shelves and floor
  • CIT Northbridge Credit

    CIT Northbridge Credit (“CIT Northbridge”), through its investment adviser CIT Asset Management LLC, delivers a broad range of flexible asset-based debt solutions backed by years of expertise. CIT Northbridge serves as an alternative lender to traditional banks by providing senior secured asset-based financing solutions to address your financing needs. Revolving- and term-loan commitments may range from $15 million to $150 million. 

  • Products & services

    • Acquisition financing
    • Bridge financing 
    • Debt restructuring 
    • DIP financing
    • Growth capital 
    • Management buyouts 
    • Recapitalizations 
    • Restructurings 
    • Turnarounds 
    • Working capital

    Key areas of focus

    • Asset-based revolving lines of credit and term-loans
    • Asset-based stretch hybrid structures 
    • Delayed-draw capital expenditure loans 


    • Automotive
    • Consumer products
    • Equipment rental
    • Food products
    • Metals
    • Paper
    • Plastics
    • Staffing
    • Trucking

  • CIT and Allstate

    CIT Northbridge Credit is a joint venture between CIT Bank and Allstate, launched in 2017. The joint venture leverages CIT’s extensive experience in financing, leasing and advisory services as a middle-market bank and Allstate’s investment expertise.

    About Allstate and the Investments Team

    The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer, protecting approximately 16 million households from life’s uncertainties through auto, home, life and other insurance. Its investments team manages over $80 billion of the Allstate companies’ investments and has decades of experience pursuing strategies in a broad array of asset classes and geographies in both the public and private markets. For more information on the company’s investments focus, visit

  • Contact us today

    Our team of seasoned professionals has a dependable reputation and proven expertise in structuring, underwriting and managing asset-based financing transactions across multiple industries and asset classes.