CIT Group won three Stevie American Business Awards for business excellence, including a Gold award for Achievement in Management – Banking, a Silver award for FinTech Solution and a Silver award for Corporate Social Responsibility Program of the Year. read more

MAY 28, 2020 - 6:40 am

CIT Bank has commenced a cash tender offer to purchase its 2.969 % Senior Unsecured Fixed-to-Floating Rate Notes due 2025. read more

MAY 27, 2020 - 6:30 am

Lenovo extended its relationships with CIT and LBC Capital. CIT will continue to provide vendor financing solution for U.S. clients of the Lenovo Financial Services program and LBC Capital will continue as the program’s exclusive lessor program in Canada until 2023. read more

MAY 22, 2020 - 6:55 am

CIT Group’s Power and Energy unit served as lead arranger on a $217 million financing for the 200-megawatt Hillcrest solar photovoltaic project in Brown County, Ohio. read more

MAY 8, 2020 - 6:50 am

CIT and Fintainium will provide an integrated payments and financial workflow management solution to meet the needs of small and mid-size businesses. read more

APR 29, 2020 - 7:00 am

CIT Group served as joint lead arranger for a $325 million round of financing for Mobilitie, a telecommunications infrastructure provider. read more

APR 24, 2020 - 6:50 am

Financial support by CIT Group assists two California apparel makers create masks that help protect against COVID-19 transmission. read more

APR 8, 2020 - 6:40 am

CIT Group provided financing for Aria Designs to procure millions of advanced N95 surgical masks that protect medical professionals battling the COVID-19 pandemic. read more

APR 3, 2020 - 6:45 am

CIT Group’s Healthcare Finance unit served as the lead arranger of $93.7 million in combined financing for 19 healthcare facilities in California, Nevada and Washington. read more

FEB 19, 2020 - 5:34 am

CIT Group’s Small Business Solutions group has released a new version of its award-winning platform that will transform the process of selling equipment with financing to business customers. read more

FEB 14, 2020 - 6:45 am

CIT Group reported full-year 2019 net income of $530 million, up 18.6% from $447 million in 2018. 2019 net revenue was $1.848 billion, down 3.6% from $1.917 billion year over year. read more

JAN 29, 2020 - 6:50 am

CIT Group’s Power and Energy unit served as sole lead arranger on a $42.8 million in debt financing to support NY Solar Farms, a 70-megawatt community solar portfolio. read more

JAN 28, 2020 - 5:50 am

CIT Group served as administrative agent for an $87 million loan to finance construction of a new logistics warehouse and storage facility adjacent to John F. Kennedy International Airport in Queens, NY. read more

JAN 27, 2020 - 6:25 am

CIT Group’s Power and Energy unit arranged approximately $200 million in financing for a 76-megawatt portfolio of community solar projects in four states. read more

JAN 22, 2020 - 6:55 am

CIT Group’s Maritime Finance business led the arrangement of $56 million in financing toward the acquisition of two large commercial shipping tankers. read more

JAN 9, 2020 - 5:45 am