CIT Group Related Content

CIT Survey: Tech Investments Lead Priorities for Small Businesses

More than one in three small business executives plan to invest even more in their businesses during the next 12 months compared to the past 12 months, according to a new survey from CIT Group. read more

CIT: Middle Market Companies Boosting Tech Upgrades to Support Growth

According to a new survey from CIT Group, computer hardware and software upgrades are topping the list of investments planned by middle market companies. read more

CIT Agents $80MM Revolver for AerFin Holdings

CIT Group’s Aerospace, Defense and Government Services business served as administrative agent on an $80 million senior secured revolving credit facility for AerFin Holdings. read more

CIT, CRC, NCRC Launch $7.75B Community Benefits Plan

CIT Group has launched a community benefits plan developed in collaboration with the California Reinvestment Coalition and the National Community Reinvestment Coalition. read more

OneWest Bank Opens New Location in West Los Angeles

OneWest Bank, CIT's Southern California retail bank division, opened its new West Los Angeles location, which features modern technology and a customized branch design. read more

CIT Supply Chain Finance Unit Expands Capabilities

CIT Group’s Supply Chain Finance unit, part of its Commercial Services division, is expanding its capabilities, including the implementation of a new cloud-based supply chain finance platform. read more

CIT Northbridge Arranges $40MM Facility for Hantover

CIT Northbridge Credit served as sole lead arranger on a $40 million senior secured credit facility for Hantover, a distributor of products to the food processing industry. read more

CIT Arranges $87MM Financing for Storage Rentals of America Recap

CIT Group’s Real Estate Finance unit served as lead arranger on $87 million in financing for a portfolio of Storage Rentals of America-branded self-storage facilities. read more

McElyea Joins CIT to Lead Merchant & Card Initiative

Bob McElyea joined CIT Group as managing director of CIT’s Merchant and Card Initiative in the Treasury and Payment Services group. read more

CIT: Saving Brings More Happiness than Spending

Two-thirds of U.S. consumers believe saving money brings more happiness than spending it, according to CIT Bank's new Financial Bliss Survey conducted by The Harris Poll. read more

CIT Arranges $18MM Financing for Tech Consultants

CIT Group’s Technology, Media and Telecommunications business arranged an $18 million financing package for Denovo Ventures. read more

CIT Arranges $90.6MM Facility for MRP Realty, Barings Project

CIT Group’s Real Estate Finance division served as co-lead arranger on $90.6 million in financing for a new multifamily housing project in Washington, D.C. read more

CIT Names Bagatelle Eastern Head of Relationship Commercial Banking

David S. Bagatelle joined CIT Group as a managing director and will lead the relationship commercial banking activity in the Eastern region. read more

CIT Arranges $27.2MM Loan for Harrison Street, Franklin Development

CIT Group’s Healthcare Finance business served as sole lead arranger on a $27.2 million loan for two assisted living facilities in Texas. read more

CIT Arranges $140MM Financing for Lotus Solar Farm

CIT Group’s Power and Energy business arranged $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project. read more

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