The power and energy business of CIT, a division of First Citizens Bank, served as lead arranger on $419 million in financing for the acquisition of the Broad River power generation facility in Gaffney, SC. read more

NOV 18, 2022 - 6:57 am

CIT’s power and energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas. read more

NOV 4, 2022 - 7:00 am

CIT’s Healthcare Finance business provided $39.25 million in financing for the acquisition of a portfolio of seven medical office buildings and dialysis centers in Texas, Georgia, Washington and Idaho. read more

OCT 19, 2022 - 6:59 am

Kevin Ronan

Capital equipment financing is a discipline all its own – especially when working with middle market companies. Few institutions have the requisite industry experience, let alone resources and creativity, to craft industry-specific financing solutions for individual customers. And that means... read more

October 2022

The healthcare finance business of CIT, a division of First Citizens Bank, served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an affiliate of Rethink Healthcare Real Estate, formerly Seavest Healthcare Properties. read more

SEP 29, 2022 - 7:42 am

The sponsor finance business of CIT, a division of First Citizens Bank, arranged debt financing to support SK Capital Partners’ investment in VanDeMark Chemical in partnership with existing co-owner Comvest Partners. read more

SEP 15, 2022 - 7:36 am

CIT’s healthcare finance business provided $50.8 million to Seavest Healthcare Properties for the refinancing of Providence Family Wellness Center and Medical Office building. read more

SEP 14, 2022 - 7:37 am

The asset-based lending business of CIT, a division of First Citizens Bank, provided $10 million in financing to Blue Sky Specialty Pharmacy. read more

SEP 12, 2022 - 7:30 am

CIT and its healthcare finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. read more

SEP 2, 2022 - 7:18 am

CIT’s healthcare finance business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the Northwest Specialty Hospital in the Greater Spokane, WA, market region. read more

AUG 18, 2022 - 6:44 am

CIT’s real estate finance business served as lead arranger on $53 million in financing for the acquisition of six industrial properties. read more

AUG 17, 2022 - 6:30 am

Diana Jackson joined CIT’s equipment finance-industrial business as a vice president and national business development officer. Prior to joining CIT’s equipment finance-industrial group, Jackson worked as a strategic account manager and regional sales manager for Bidadoo. read more

AUG 16, 2022 - 6:47 am

Ten industry leaders sat down with Monitor to discuss the emerging and necessary changes that will be made in the equipment finance industry and how great leadership can contribute to, respond to and implement those changes.... read more

Monitor 100 2022

CIT, a division of First Citizens Bank, named Kevin Ronan the group head of its capital equipment finance business. Previously, Ronan served as national sales director for CIT’s capital equipment finance business’ direct and indirect sales channels. read more

AUG 5, 2022 - 7:11 am

CIT Commercial Services, a subsidiary of First Citizens Bank, increased a New York-based fashion company’s discretionary lending facility to $100 million to support the acquisition of an entity that specializes in children’s apparel. read more

AUG 4, 2022 - 7:14 am