River Capital Finance added Connie Schmidt as vice president of business development. Prior to joining River Capital, Schmidt worked for several banking and independent leasing organizations. read more

JAN 28, 2021 - 7:06 am

Mike Jones joined River Capital Finance as senior vice president. Jones has a 30-year history in vendor equipment finance and has experience in leadership and the development of strategic relationships with vendor partners. read more

OCT 30, 2020 - 8:13 am

What does it take to lead one of the top companies in the equipment finance industry? Guest Editor Bill Verhelle sits down with the leaders of several successful Monitor 100 companies to talk about their approaches to leadership and how they are guiding their teams through the COVID-19 pandemic.... read more

Monitor 100 2020

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

Appearing in the Monitor 100 ranking is an achievement, but only the most successful companies in the industry make it to the top of the list. Guest Editor Bill Verhelle sat down with the leaders of six top companies to discuss the strategies they use to maintain dominance in such a complex and competitive marketplace. ... read more

June 2019

Ken Martin joined CIT Group as managing director of the Small Business Solutions unit, which is part of the Business Capital division. read more

AUG 6, 2019 - 6:55 am

Industry veteran Heather Patrick joined Ampil as a business development executive. She will be based in Austin, TX and be responsible for the South-Central region. read more

APR 30, 2019 - 7:05 am

Chemical Financial and TCF Financial plan on making several new executive leadership appointments for the combined company after closing their merger of equals. read more

MAR 4, 2019 - 6:55 am

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

July/August 2018

Ampil, a division of Insight Investments, added Mike Jones and Steve Fiasco to its leadership team. Jones previously worked for First American Equipment Finance and Fiasco was formerly with CIT Equipment Finance. read more

MAR 14, 2018 - 7:13 am

Vince Mollica was named managing director of the Equipment Finance business at CIT Group. read more

FEB 13, 2018 - 7:20 am

CIT named Mike Jones president of Business Capital, replacing Steve Solk who will focus on Consumer Banking. Jeff Lytle was named president of Rail, replacing George Cashman who will retire. read more

JAN 25, 2018 - 6:54 am

CIT Group named Michael Vallorosi as managing director of its franchise finance business and Christopher Wren as a sales vice president of its restaurant franchise finance practice. read more

JUL 21, 2017 - 6:54 am

CIT Group’s equipment finance business appointed Harold Ray as director and commercial leader of industrial markets, effective immediately. read more

MAY 24, 2017 - 8:00 am

The ELFA’s monthly leasing and finance index showed that overall new business volume for December was $12.1 billion, down 3% year-over-year from new business volume in December 2015. read more

JAN 26, 2017 - 7:43 am