CIT Names Smith Business Development Officer for Capital Equipment Finance

CIT’s capital equipment finance business named Eric Smith a business development officer for the western region.

Smith, who is based in Seattle, will be responsible for developing, maintaining and expanding client and prospect relationships within the region, which includes California, Oregon, Washington, Alaska and Hawaii.

“CIT has long maintained a reputation for excellence in capital equipment financing,” Kevin Ronan, senior vice president overseeing business development for both the direct and indirect sales channels for CIT’s capital equipment finance business, said. “I’m confident Eric will help us expand on that legacy by supporting our clients and their continued growth in this important industry sector.”

Smith has more than 25 years of experience developing equipment-based financial solutions across a range of industries and financial sales. Prior to joining CIT, Smith spent five years in equipment finance at Wells Fargo and 15 years at GE Capital.

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