CIT (NYSE: CIT) is a bank holding company with more than $35 billion in finance and leasing assets. For more than 100 years, CIT has provided lending, advisory, and leasing services to small and middle market businesses guided by unparalleled industry expertise and focus. CIT is headquartered in New York City.
CIT operates CIT Bank, a full service Utah state bank, which is regulated by the Utah Department of Financial Institutions and the FDIC.
Corporate Finance provides lending, leasing and other financial and advisory services to the small business and middle market sectors, with a focus on specific industries, including Communications, Energy, Entertainment, Healthcare, Industrials,Information Services & Technology, Restaurants, Retail, and Sports & Gaming.
Trade Finance is the number one provider of factoring services for companies that sell into retail channels of distribution. It provides credit protection, accounts receivable management and asset-based lending to manufacturers and importers.
Transportation Finance is a leading global aircraft lessor and the third largest U.S.railcar lessor. It also provides lending and leasing services to the transportation industry, principally the aerospace and rail sectors.
Vendor Finance is a global leader in providing business solutions for manufacturers, distributors and product resellers and financial solutions for their customers. CIT maintains relationships and develops financing programs with leading manufacturing companies that can enable increased sales while providing equipment leasing and financing to small and middle market businesses across all industries that facilitate the purchase of equipment according to their needs.
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