First Citizens Bank’s asset-based lending business, part of the bank’s commercial finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands. read more

DEC 1, 2023 - 6:55 am

First Citizens Bank’s asset-based lending business provided a credit facility to The Stepping Stones Group to accommodate the business' seasonal working capital needs during the school year. read more

NOV 17, 2023 - 6:40 am

First Citizens Bank’s asset-based lending group, part of the CIT division, provided a revolving credit facility to Signature Brands, a Ocala, FL-based provider of dessert decoration and seasonal celebration products. read more

JUN 7, 2023 - 7:00 am

The asset-based lending business of CIT, a division of First Citizens Bank, provided a $35 million revolving credit facility to Utopia Deals. read more

DEC 9, 2022 - 7:12 am

CIT’s asset-based lending business served as lead arranger on financing for Kenneth Cole Productions, a men’s and women's fashion brand. read more

APR 6, 2022 - 6:15 am

CIT served as sole lender on a $35 million senior secured credit facility for D.P. Nicoli, a provider of trench shoring rental equipment to public utilities, municipalities and contractors in California, Oregon, Washington and Idaho. read more

FEB 3, 2022 - 6:10 am

CIT hired Blake Goddard as a business development officer for its asset-based lending business. Goddard will be based in Atlanta and focus on asset-based lending business development across the Southeast. read more

MAY 20, 2021 - 6:36 am

CIT Group’s asset-based lending business committed to $25 million in financing while serving as joint lead arranger on an asset-based credit facility of up to $145 million for a commercial finance company serving government contractors. read more

FEB 18, 2021 - 6:34 am