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

CIT Bank completed the acquisition of Mutual of Omaha Bank, bringing its total assets to $60 billion. read more

JAN 3, 2020 - 6:45 am

CIT Group announced the results of its second annual One Million Meals campaign to fight hunger in partnership with Feeding America, which exceeded its campaign goal by 50%. read more

DEC 20, 2019 - 5:30 am

CIT Group's Real Estate Finance unit provided $36.2 million in financing for the acquisition of Park Center, a 97% leased, multi-tenant office building in Plano, TX. read more

DEC 12, 2019 - 6:30 am

CIT Group’s Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. read more

DEC 10, 2019 - 6:15 am

CIT Group and Operation HOPE selected the winners of its Launch + Grow Business Plan competition, part of an ongoing program to empower local women small business owners in New York City and Los Angeles. read more

DEC 6, 2019 - 6:20 am

CIT Group’s Capital Equipment Finance business has named Rob Bolo director for the Southeast region. read more

DEC 5, 2019 - 6:30 am

CIT Group has appointed Mihir J. Shah as director of technology originations in its Technology, Media and Telecommunications business. read more

DEC 4, 2019 - 6:40 am

CIT Group, in partnership with Feeding America, launched its second annual One Million Meals campaign to fight hunger this holiday season. read more

NOV 21, 2019 - 6:05 am