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

The Office of the Comptroller of the Currency has provided regulatory approval for the merger of Mutual of Omaha Bank into CIT Group's banking subsidiary, CIT Bank. read more

NOV 20, 2019 - 6:40 am

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

NOV 19, 2019 - 6:30 am

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

NOV 13, 2019 - 6:20 am