CIT’s maritime finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II. read more

JAN 19, 2021 - 7:10 am

CIT’s power and energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar, a solar and storage energy service provider based in North Carolina. read more

JAN 14, 2021 - 6:57 am

The Equipment Leasing and Finance Association unveiled details about the 2021 ELFA Equipment Management Conference & Exhibition, which will be delivered as a virtual event on Feb. 23 and Feb. 24. read more

JAN 7, 2021 - 6:43 am

The Certified Lease & Finance Professional (CLFP) Foundation added 17 new CLFPs who recently sat through and passed the eight-hour online CLFP exam. read more

DEC 30, 2020 - 7:32 am

CIT Group’s annual partnership with Feeding America helped provide 2 million meals to people in need this holiday season. With the support of its customers, employees and followers, CIT brought awareness to the pressing issue of food insecurity across the country. read more

DEC 21, 2020 - 6:38 am

CIT and its Pasadena, CA-based banking subsidiary CIT Bank will plant 50,000 trees in Angeles National Forest through a collaboration with One Tree Planted, a nonprofit organization focused on global reforestation. read more

DEC 14, 2020 - 7:24 am

CIT’s power and energy business served as coordinating lead arranger on $256 million of financing for a Pecos County, TX-based 250-megawatt Taygete I energy project owned by 7X Energy. read more

DEC 10, 2020 - 7:32 am

The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming the members of the five committees representing key business sectors of the association membership. read more

NOV 24, 2020 - 7:14 am

CIT’s power and energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, TX. read more

OCT 30, 2020 - 8:11 am

Ellen R. Alemany, chairwoman and CEO of CIT, received the Leadership Legacy Award from the Center for Executive Succession at the University of South Carolina's Darla Moore School of Business Center. read more

OCT 8, 2020 - 7:22 am

CIT’s maritime finance business served as sole lead arranger on a $70 million senior secured financing on behalf of International Container Company Holdings Limited. read more

OCT 2, 2020 - 7:33 am

For middle-market and small businesses, the COVID-19 pandemic is highlighting the vital importance of investing in new technology, facilitating remote work and maintaining tech-savvy workforces, according to a new survey conducted by The Harris Poll for CIT. read more

SEP 17, 2020 - 7:18 am

CIT’s power and energy business was named Renewable Energy Lead Arranger of the Year by Power Finance & Risk, a publication covering the energy project finance industry. read more

SEP 9, 2020 - 7:41 am

After 40 years of new business development in the equipment finance and leasing industry in the Greater Philadelphia area, Eric Kraheck retired. Most recently, Kraheck served at M&T Bank for almost nine years. read more

AUG 13, 2020 - 6:49 am

CIT made a donation to The Arc of the Bay, a nonprofit organization based in Lynn Haven, FL, that provides support and opportunities for adults with disabilities. This community need was identified by a CIT equipment financing customer as part of CIT's Acts of Caring initiative. read more

JUL 28, 2020 - 7:35 am