Tagged With "CIT"
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CIT Group Inc. : CIT Vendor Finance Expands Relationship With Konica Minolta Business Solutions
Livingston, NJ andBurlington, Canada - August 1, 2013 - CIT Vendor Finance, a leader in developing business solutions for small businesses and middle market panies for the acquisition of equipment and value-added services, today announced that...
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CIT Serves as Sole Lead Arranger on Financing for Technology Consulting and Services Firm
NEW YORK , Sept. 24, 2019 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Technology, Media and Telecommunications business has arranged an $18 million financing package for Denovo Ventures LLC. Denovo, a leading provider of managed IT services and enterprise resource planning (ERP) consulting expertise for the mid to large enterprise market across North America , will use the proceeds to refinance existing debt and provide working capital for future growth. Denovo is a...
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CIT Adds to Sales Team in Office Imaging
JACKSONVILLE, Fla. , March 7, 2018 /PRNewswire/ -- CIT Group Inc . (NYSE: CIT), a leading provider of commercial lending and leasing services, today announced three additions to its Equipment Finance division's Office Imaging sales team to increase support for office imaging manufacturers and independent dealers. "These newly created positions reinforce the success we are experiencing with our vendor integration services and with FlexAbility, our advanced deal-structuring and invoicing...
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How to hedge against inflation
the last time there was a recession I was trying to remember some of the talking points I used for our clients when it comes to leasing and how leasing can hedge against inflation. All of a sudden there it was in one of my emails, thought I would share: Inflation isn’t just hitting you at the gas tank; it’s hitting your customers’ budgets today and could impact their future acquisitions. Offering solutions through CIT can be a way to help your customer hedge against that by: Leveraging...