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The U.K.'s vote to secede from the European Union had an immediate impact on American mortgage rates. A 30-year fixed-rate mortgage now hovers around 3.25%, a record 3-year low. If you have considered refinancing your mortgage, now might be the time to lock in low rates.
On June 23, 2016, in an unexpected move, the United Kingdom voted to secede from the European Union. This move has had an immediate impact on American mortgage rates. Interest rates were already low, even taking a dip from levels seen the prior year. A 30-year fixed-rate mortgage now hovers ...
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In response to increased cybersecurity concerns, the fiscal 2017 DoD budget will include a 15% spending increase for cyber operations to spread out across various agencies. http://ow.ly/jTCr303jPAo
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The US defense industry is laser-focused on managing safety, costs & new technology. More in this infographic: http://ow.ly/mzYf303b2cr
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Leading the way in renewable energy is solar, which has quickly emerged as one of the most rapidly growing renewable sources of energy. Scalable and offering a multitude of applications, solar technology is constantly evolving. http://ow.ly/AHCX30394uj
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In response to increased cybersecurity concerns, the fiscal 2017 Department of Defense budget will include a 15% spending increase for cyber operations. http://ow.ly/UcJU302Vo1p
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CIT volunteers went to Kalamazoo Loaves & Fishes to help stock shelves and prepare food received at the food bank.
PS - Kalamazoo Loaves and Fishes is one of our food partners in the running for Foodortunity. Vote for the organization you want to support now through September 2nd at https://www.cit.com/foodortunity
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A period with ample sources of capital, very low cap rates and high valuations has set the stage for commercial real estate in 2016, but the impact of coming regulations is yet to be factored in. http://ow.ly/bD9r302H9mt
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CIT Group

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When it comes to savings, having access to your money is just as important as earning high interest rates. Watch this video to see how CD laddering can help. http://ow.ly/yagB303m7zq
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CIT employees in Kalamazoo, MI collected 345 lbs of food that was donated to Twelve Baskets, a local food pantry.
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Foodortunity voting is open! CIT will donate 3 prizes to our food partners. Tell us who you would like to support by voting every day until September 2nd. https://www.cit.com/foodortunity/
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“Lighthouse is a leader in enterprise-focused, technology-enabled ediscovery and competes favorably against larger, less flexible organizations and small, regional providers. We are glad that we were able to work with Lighthouse for the first time, and again with Spire Capital, to bring our financial expertise to bear on this growing sector of the technology market.” http://ow.ly/yJBW302SFrW
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Communications & Technology Finance provided a $23 million senior secured credit facility to Lighthouse eDiscovery, a provider of technology-enabled ediscovery services.
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49 volunteers from CIT worked with 100 children and young adults at the Junior Achievement Finance Park of Southern California, helping them learn about personal budgeting and finance.
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Have them in circles
114 people
Michael Banner's profile photo
Real Estate Finance Intelligence's profile photo
Jim Clawson's profile photo
The Precision Alliance (TPA)'s profile photo
CFO Publishing's profile photo
olivia khaleel's profile photo
breatheHR's profile photo
ShopEatSurf's profile photo
PT Young Aviation's profile photo
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212.461.5000
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11 West 42nd Street New York, NY 10036
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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.