CIT Group added three members to the Restaurant Franchise Finance team within its Equipment Finance business to support growth.

“With these appointments, we are continuing to build our Franchise Finance team to support our growth efforts, particularly in the mid-cap sector of our market,” said Michael Vallorosi, managing director of CIT Franchise Finance. “These appointments add significant experience and expertise to CIT as we continue to serve the franchise industry.”

The first appointment is Greg Burns as senior vice president of Underwriting. Burns rejoined CIT after working at CTL Capital and CTL Securities, where he sold secured private placements to insurance companies and pension plans. Prior to that, he held various senior level franchise finance positions at companies like American International Group and CIT.

Chris Capecci joined and who will serve as vice president, Franchise Finance. Capecci was most recently employed as a director of Restaurant Finance at Fifth Third Bank. He previously worked, also in franchise finance, at TD Bank and GE Capital.

In addition, Matt Ensley joined as vice president, Underwriting. Ensley came to CIT from Regions Bank where he served as a debt products manager in its Middle Market Finance Group. Prior to that, Ensley worked as a vice president in the Restaurant & Franchise Finance Group at TD Bank.