First Citizens Bank’s capital equipment finance group, part of the CIT division, served as lead arranger on $200 million in financing for New Fortress Energy. The loan will support New Fortress Energy's grid stabilization project in Puerto Rico. read more

AUG 30, 2023 - 6:50 am

First Citizens Bank rebranded its vendor equipment financing business from CIT Business Capital to First Citizens Bank Equipment Finance. read more

FEB 24, 2023 - 7:32 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

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’s capital equipment finance business named Eric Smith a business development officer for the western region. Smith has more than 25 years of experience developing equipment-based financial solutions across a range of industries and financial sales. read more

APR 15, 2022 - 7:30 am

CIT’s capital equipment finance business hired Thomas Linebarger and Scott Ryan as business development directors and promoted Erick Berreondo to business development director. read more

DEC 8, 2021 - 6:22 am

CIT appointed Kevin Ronan national sales director for its capital equipment finance business. Ronan will oversee business development within capital equipment finance for CIT’s direct and indirect sales channels. read more

JUL 30, 2021 - 6:28 am

CIT Capital Equipment Finance named Steve Bander, Jason Fronheiser, Brandon Hannanman, Michael Tornichia, Kevin Ronan and Edward Ciccone directors, while Scott Schumacher was named vice president. read more

MAR 4, 2016 - 7:46 am