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Given the precipitous drop in oil prices, the value of new-technology aircraft has been questioned, but is this warranted? CIT Aerospace analyzes how new-technology aircraft create revenue opportunities and reduce operating costs.
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The 5 year extension of the Production Tax Credit (PTC) has been the most significant stimulus policy the wind industry has seen in several years, and is expected to revive wind energy production in the U.S through the end of 2020. http://ow.ly/FQK4304stYj
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Congress is still focused on a spending agreement, with Members of Congress agitating to return home to campaign before the November elections. Lawmakers have made progress on the substance of a deal to fund the government, and negotiations are focused on a handful of outstanding issues. http://ow.ly/3CE5304owoW
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The FBI reported that there had been a 270% increase in identified victims and loss because of business email compromise (BEC) scams from January to August 2015. Here are some steps companies can take in order to ensure that they are aware of these threats.
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“We have enjoyed working with the Jordan and Palladium teams on this transaction and look forward to supporting them further as they pursue Jordan’s strategic growth objectives.”
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Healthcare Finance served as Lead Arranger and Administrative Agent for a $242 million senior secured credit facility to Jordan Health Services, one of the largest providers of home healthcare and h
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Funding the federal government remains the top priority for Congress as lawmakers continue to work towards an agreement that keeps the government open after September 30. Learn more in this week's View from D.C. http://ow.ly/qIMk304aHIo
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Our recent Commercial Real Estate Outlook found that 4 out of 10 executives believe the sharing economy is having a "significant impact" on their commercial real estate investments. Here's more on this trend.
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"We are glad we had the opportunity to apply our aerospace financing expertise in providing this facility to Mesa, and further pleased that we were able to offer Mesa a treasury management solution that will help them optimize their cash flow."
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Aerospace, Defense & Government Finance provided a $35 million senior secured credit facility to Mesa Airlines, a provider of regional air service for American Airlines and United Airlines.
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“These strategic appointments further demonstrate our commitment to providing trusted, best-in-class support to our mid-cap restaurant clients.”
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Franchise Finance added four sales professionals to its Mid-Cap Restaurant Franchise Finance group.
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Are you merging your small business with another? 5 small business owners explain the challenges they experienced and how they overcame them to complete their merger successfully.
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For prospective operators who want a slice of the industry, there are expectations that go beyond menu items and counter service. Securing the right type of funding and managing capital at every stage of business is as critical as the quality of the food.
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According to the CIT Healthcare Industry Outlook, most healthcare executives anticipate a continued -- and increasing -- reliance on technology that should improve quality and reduce costs.
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Lending, Leasing and Advisory Expertise. Helping Businesses Succeed.
Introduction

Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. 


Transportation & International Finance 

CIT Business Air provides financing solutions to business jet operators. Serving clients around the globe, we provide financing that is tailored to our clients’ unique business requirements. Products include term loans, leases, pre-delivery financing, fractional share financing and vendor/manufacturer financing.

CIT Commercial Air is one of the world’s leading aircraft leasing organizations and provides leasing and financing solutions—including operating leases, capital leases, loans and structuring, and advisory services—for commercial airlines worldwide. We own and finance a fleet of more than 300 commercial aircraft and have more than 100 customers in approximately 50 countries.

CIT International Finance offers corporate lending and equipment financing and leasing to small and middle market businesses in the UK and China.

CIT Maritime Finance offers senior secured loans, sale-leasebacks and bareboat charters to owners and operators of oceangoing cargo vessels, including tankers, bulkers, container ships, car carriers, and offshore vessels and drilling rigs.

CIT Rail is an industry leader in offering customized leasing and financing solutions and a highly efficient, diversified fleet of railcar assets to freight shippers and carriers throughout North America and Europe. 

North America Banking 

CIT Commercial Services is a leading provider of factoring services in the United States. We provide credit protection, accounts receivable management services and asset-based lending to manufacturers and importers that sell into retail channels of distribution.

CIT Commercial Finance provides lending, leasing and other financial and advisory services to the middle market with a focus on specific industries, including: Aerospace & Defense, Business Services, Communications, Energy, Entertainment, Gaming, Healthcare, Industrials, Information Services & Technology, Restaurants, Retail, and Sports & Media.

CIT Equipment Finance provides leasing and equipment loan solutions to small businesses and middle market companies in a wide range of industries. We provide creative financing solutions to our borrowers and lessees, and assist manufacturers and distributors in growing sales, profitability and customer loyalty by providing customized, value-added finance solutions to their commercial clients.

CIT Real Estate Finance provides senior secured commercial real estate loans to developers and other commercial real estate professionals. We focus on stable, cash flowing properties and originate construction loans to highly experienced and well-capitalized developers.
 
Contact Information
Contact info
Phone
212.461.5000
Address
11 West 42nd Street New York, NY 10036