FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / ...

Equipment Finance Advisor Search Results

News Stories (25 Results) - CIT Bank

CIT Bank, CIT Group's national online bank, announced it has been selected as winner of the Best Personal Finance Company award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the... Read Story
April 04, 2019, 07:11 AM


Jam City, Inc., a leader in mobile entertainment, announced $145 million in strategic financing jointly led by JPMorgan Chase Bank, N.A. and Bank of America Merrill Lynch, and a syndicate of lenders including Silicon Valley Bank, SunTrust Bank and... Read Story
January 17, 2019, 07:20 AM


CIT Group Inc. announced that Robert Rubino has been named President of CIT Bank, N.A., the banking subsidiary of CIT, and Head of Commercial Banking, effective Feb. 25. Rubino will join the company’s Executive Management Committee and report to... Read Story
December 05, 2018, 07:25 AM


CIT Group reported first quarter net income available to common shareholders of $97 million, compared to net income available to common shareholders of $180 million for the year-ago quarter.  Income from continuing operations available to common... Read Story
April 24, 2018, 07:15 AM


Banc of California announced it has hired Kris Gagnon as Chief Credit Officer. Gagnon joins Banc of California from CIT Bank, where he served as Chief Credit Officer, and brings considerable expertise as a top tier credit executive in commercial... Read Story
February 08, 2018, 07:30 AM


CIT Bank, N.A., the bank subsidiary of CIT Group announced that it has reached an agreement to sell its reverse mortgage servicing business, Financial Freedom, and its reverse mortgage portfolio to an undisclosed buyer. The transaction includes the... Read Story
October 09, 2017, 07:18 AM


CIT Bank, the banking subsidiary of CIT Group announced a strategic partnership with Allstate. The joint venture, CIT Northbridge Credit LLC (CIT Northbridge), will provide revolving- and term-loan commitments from $15 million to $100 million to... Read Story
July 11, 2017, 07:20 AM


Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group (“Macquarie”) announced the closing of the first non-recourse project financing of battery-based energy storage systems with CIT Bank. The... Read Story
March 28, 2017, 07:10 AM


sPower, a leading renewable energy provider, announced today the completion of a tax equity investment and syndicated construction and term loan facility totaling $786 million. KeyBanc Capital Markets Inc. acted as Coordinating Lead Arranger for the... Read Story
October 07, 2016, 06:53 AM


Willis Lease Finance Corporation announced that it has expanded its $700 million revolving credit facility by over 40% to $1 billion, which includes a $110 million accordion feature. The facility has a 5-year term and additional flexibility. Willis... Read Story
April 22, 2016, 07:05 AM


Opus Bank announced the formation of its Media and Entertainment Banking division, which is responsible for providing capital financing and banking solutions to clients within the following industry sectors: television, music, digital media... Read Story
March 30, 2016, 07:11 AM


CIT Group announced that CIT Healthcare Finance served as lead arranger for a $190 million senior secured credit facility to help finance the combination of Vertical/Trigen Holdings, LLC (Vertical/Trigen) with Osmotica Holdings Corp Limited... Read Story
February 12, 2016, 07:00 AM


CIT Bank, the U.S. commercial bank subsidiary of CIT Group announced that it closed a $750 million equipment lease securitization. CIT sold five classes of fixed rate notes in a private offering backed by a pool of equipment leases from CIT Equipment... Read Story
December 01, 2014, 06:59 AM


CIT Group announced that CIT Maritime Finance provided $64 million in senior secured credit facilities to Tanker Solutions III, LLC, a joint venture between Prime Tanker Management (Prime) and funds managed by Castlelake, L.P. The facilities support... Read Story
November 04, 2014, 07:00 AM


CIT Group announced that it served as Joint Lead Arranger and Administrative Agent in a $325 million senior secured credit facility to LCI Helicopters (LCIH), the helicopter leasing subsidiary of Lease Corporation International. The facility will be... Read Story
October 02, 2014, 05:00 AM


CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc. announced that it has completed its acquisition of Portsmouth, New Hampshire-based Direct Capital Corporation, a provider of financing to small and mid-sized businesses. “We are very... Read Story
August 05, 2014, 07:00 AM


CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc. entered into an agreement to acquire Portsmouth, New Hampshire-based Direct Capital Corporation, a provider of financing to small and mid-sized businesses. The transaction will expand... Read Story
June 25, 2014, 07:00 AM


CIT Group Inc. announced that CIT Maritime Finance, with the assistance of RS Platou Finans, completed a $49 million financing through a bareboat charter arrangement with Grieg Shipping II AS, a subsidiary of the Grieg Star Group AS (Grieg Star), the... Read Story
May 22, 2014, 06:00 AM


CIT Group announced that CIT Maritime Finance provided a $55 million senior secured credit facility to Tanker Solutions LLC, a joint venture between Prime Tanker Management and Castlelake, L.P. The facility supports the purchase of a fleet of four... Read Story
April 09, 2014, 06:00 AM


CIT Group announced CIT Corporate Finance served as Sole Lead Arranger in a $110 million senior secured facility for Epic Health Services, a leading provider of pediatric home health and therapy services as well as adult in-home services. Epic Health... Read Story
November 20, 2013, 06:35 AM


CIT Bank, the U.S. bank subsidiary of CIT Group Inc. announced that it closed a $750 million equipment lease securitization. CIT sold five classes of fixed rate notes in a private offering backed by a pool of equipment leases from CIT Vendor Finance.... Read Story
November 15, 2013, 08:09 AM


CIT Group announced the appointment of Randall (Randy) Chesler as President of CIT Bank, its U.S. commercial bank subsidiary. He will be based in Salt Lake City, Utah, and report to CIT Bank’s Board of Directors. Mr. Chesler is currently Vice... Read Story
July 29, 2013, 07:06 AM


CIT Group announced that it has agreed to acquire a commercial loan portfolio from Flagstar Bank (FSB), a wholly-owned subsidiary of Flagstar Bancorp, Inc.Under the terms of the agreement, CIT Bank, the U.S. commercial bank subsidiary of CIT, will... Read Story
January 03, 2013, 07:59 AM


CIT Group announced that it arranged and syndicated a $210 million senior secured credit facility to support the refinancing of Encompass Home Health, a Medicare-certified home health care agency. Encompass is a portfolio company of Cressey & Company... Read Story
June 20, 2012, 06:45 AM


CIT Bank, a wholly owned subsidiary of CIT Group Inc. announced that it has closed a $1 billion committed U.S. Vendor Finance conduit facility (Facility) with Barclays Bank PLC as Administrative Agent and three additional banks as committed lenders.... Read Story
June 14, 2012, 07:15 AM