CIT Commercial Services, a wholly-owned subsidiary of First Citizens Bank, closed a non-recourse factoring arrangement and $8 million senior secured facility for a Los Angeles-based company that sells men's and boys' clothing to retailers. read more

FEB 16, 2023 - 7:13 am

CIT Commercial Services, a subsidiary of First Citizens Bank, completed a $50 million factoring facility with a West Coast consumer technology firm. read more

OCT 13, 2022 - 6:57 am

CIT hired Howard Moore and Paul Pagano as business development directors in the Northeast and promoted Michael Rayner to director and team leader in the West for its commercial services business. read more

APR 7, 2022 - 6:19 am

CIT named Christopher DeRosa a business development officer in the West Coast office of its commercial services business. DeRosa will focus on business development across a range of verticals supported by CIT’s commercial services business. read more

MAY 12, 2021 - 6:17 am

Financial support by CIT Group assists two California apparel makers create masks that help protect against COVID-19 transmission. read more

APR 8, 2020 - 6:40 am

Nicholas Nunnari joined CIT’s Commercial Services team as vice president and business development officer. read more

OCT 19, 2017 - 6:20 am

CIT Commercial Services appointed Darrin Beer as western regional sales and portfolio manager. Beer has served with CIT since 1999 when it acquired the factoring portfolio of Heller Financial. read more

AUG 12, 2016 - 8:18 am