With a depth of experience in the organization rivaling any of his contemporaries, Vince Mollica was the natural fit to become managing director of CIT’s Equipment Finance business. As he takes the lead for one of the biggest players in the industry, Mollica is out to put people first and continue to evolve.... read more

Monitor 100 2018

CIT Group announced the integration of its FlexAbility solution with ECi's e-automate software product. read more

JUL 19, 2018 - 6:48 am

CIT expanded its Business Capital team with the addition of Aaron Kaplan and Mike Hampton as VP/BDOs for CIT Equipment Finance. CIT also expanded the role of Chris Wren, VP/BDO, in its franchise business. read more

JUN 27, 2018 - 7:19 am

CIT Group’s equipment finance business appointed Harold Ray as director and commercial leader of industrial markets, effective immediately. read more

MAY 24, 2017 - 8:00 am

The ELFA’s monthly leasing and finance index showed that overall new business volume for December was $12.1 billion, down 3% year-over-year from new business volume in December 2015. read more

JAN 26, 2017 - 7:43 am

CIT Equipment Finance made two appointments, adding Mark McCabe and Preston Porter as regional sales managers to further grow CIT’s office imaging dealer relationships in the Southeast and Midwest. read more

NOV 10, 2016 - 6:56 am

CIT Group appointed Michael Jones as managing director of CIT Equipment Finance. He will be based in Jacksonville, FL and will report to Steve Solk. read more

SEP 9, 2016 - 7:00 am

CIT Equipment Finance appointed Tom Thomasian as Office Imaging Sales manager. Thomasian previously worked at Element Financial and DLL. read more

APR 13, 2016 - 7:12 am

CIT Group announced a financing relationship between CIT Equipment Finance and LiuGong North America. read more

APR 6, 2016 - 7:18 am

CIT Equipment Finance has entered into a program agreement with SANY America, a manufacturer and seller of construction and material- handling equipment. read more

DEC 28, 2015 - 8:12 am

CIT Bank said it closed a $750 million equipment lease securitization with a weighted average fixed coupon rate of 1.37%, which represents a weighted average credit spread of 0.57% over benchmark rates for the five classes of notes. read more

DEC 1, 2014 - 7:30 am