CIT Equipment Finance Related Content

Evolutions Per Minute: Mollica Leads CIT Equipment Finance Forward

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

CIT Integrates FlexAbility Solution with ECi’s E-Automate Software

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

CIT Expands Business Capital’s Business Development Team

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

CIT Names Ray Equipment Finance Commercial Leader for Industrial Sector

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

ELFA Reports 3% Y/Y Decrease in NBV During December

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

CIT Names Regional Sales Managers for Office Imaging Dealer Channel

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

CIT Equipment Finance Appoints Jones Managing Director

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

CIT Appoints Western Sales Manager of Office Imaging Dealer Channel

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

CIT, Liugong Launch Preferred Finance Program

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

CIT Equipment Finance Inks Program Agreement with SANY America

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

CIT Bank Closes $750MM Equipment Lease ABS

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

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