CIT Related Content

Kaplan Joins CIT Northbridge in Business Development Role

CIT announced the appointment of Elijah Kaplan to lead CIT Northbridge Credit business development efforts across the Northeast. read more

CIT Reports $119MM in Net Income for Q1/2019

CIT’s first quarter net income available to common shareholders and income from continuing operations available to common shareholders were each $119 million or $1.18 per diluted common share. read more

Amna Mahmood Promoted in CIT’s Commercial Services

Amna Mahmood has been promoted to managing director, national underwriting manager, in CIT’s Commercial Services business. read more

OneWest Bank Wins 2019 Gold Stevie Award for Sales & Customer Service

CIT’s Southern California retail bank division, OneWest Bank, won a 2019 Gold Stevie Award in the category of Customer Service Success, Financial Service Industries. It is the bank’s second consecutive Stevie Award. read more

CIT Sponsors Konica Minolta Cadillac DPi-V.R Racing Team

CIT joined the No. 10 Konica Minolta Cadillac DPi-V.R family as the exclusive banking sponsor. The announcement was made at the annual Roar Before the 24 Test Days at Daytona International Speedway. read more

Bankable Assets: Bank-Owned Equipment Finance Companies Contend with Shifting 2018

As bank-owned equipment finance companies continue to dominate the industry, they must deal with the changing times. Executives from PNC, CIT, Key and Regions offer their views on 2017 and 2018 performance, tax reform, alternative financing, technology and credit quality in the current marketplace.... read more

CIT Adds Cha to Communications & Technology Finance Team

CIT Group added Jason Cha to its Communications & Technology Finance team in its Commercial Finance division. Cha began his career with the Leveraged Finance group at Lehman Brothers/Barclays Capital. read more

CIT Provides $79MM for Onyx Renewable Partners

CIT Commercial Finance's Energy Finance unit served as sole lead arranger and administrative agent for approximately $79 million in financing for Onyx Renewable Partners. read more

CIT’s Point-of-Sale Platform Named Best Small Business Lending Solution

CIT’s point-of-sale digital platform was named the winner of FinTech Breakthrough’s "Best Small Business Lending Solution" award. read more

CIT Provides Nearly $36MM in Financing to Nordic Solar

CIT’s Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar, a developer and owner of solar energy facilities. read more

CIT Names McAvoy Corporate Treasurer

CIT Group named Sarah L. F. McAvoy to the corporate treasurer position, effective March 19. read more

CIT Adds to Sales Team in Office Imaging

CIT announced three additions to its Equipment Finance division’s Office Imaging sales team. read more

CIT Provides $175MM to Durable Medical Equipment Distributor

CIT Healthcare Finance provided a $175 million senior secured credit facility to QMES, a distributor of durable medical equipment to patients in seven Mid-Atlantic and Northeastern states. read more

Top Five Office Equipment Lenders Account for 65.2% of December Total

The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 3,015 office equipment related filings during the month of December 2017. read more

CIT Adds Three Members to Restaurant Franchise Finance Team

Greg Burns rejoined CIT as SVP of Underwriting for the Restaurant Franchise Finance team. Chris Capecci and Matt Ensley were added to the group as well. read more

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