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Share Name | Share Symbol | Market | Type |
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CIT Group Inc | NYSE:CIT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 53.50 | 0 | 01:00:00 |
Additional Strategic Appointments Made to Originations, Underwriting and Asset Management Roles
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Capital Equipment Finance made several additional appointments designed to further build a best-in-class team focused on creating tailored capital equipment financing solutions for middle market companies.
“These industry veterans will add great value to the CIT Capital Equipment Finance team across several functions, including originations and underwriting, and they follow on the key appointments across the group that were announced earlier this year,” said Eric Miller, Group Head and Managing Director, CIT Capital Equipment Finance. “Each of these individuals brings with them valuable skills and years of equipment lending experience, which will further enhance our large-ticket equipment lending platform. I look forward to continuing to build our nationwide capital equipment finance originations group, with robust underwriting, portfolio management and operations support, as we deliver customized financial solutions to our customers.”
The key appointments include:
About CIT Capital Equipment Finance
CIT Capital Equipment Finance is a leading provider of equipment financing solutions for middle market companies in a wide range of industries. CIT Equipment Finance specializes in providing equipment loans and leases for transactions ranging in size from $5 million to approximately $100 million and more. cit.com/capitalequipment
About CIT
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. cit.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20160502005347/en/
CIT MEDIA RELATIONS:Matt Klein, (973) 597-2020Vice President, Media RelationsMatt.Klein@cit.comorCIT INVESTOR RELATIONS:Barbara Callahan, (973) 740-5058Senior Vice PresidentBarbara.Callahan@cit.com
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