CIT Group Overview

  • Service
  • Commercial Bank

  • Founded
  • 1908

Founded

  • Professionals
  • 1,847

Professionals

  • Financed Companies
  • 661

  • Financings
  • 776

  • Serviced Investors
  • 22

CIT Group General Information

Description

Founded in 1908. CIT Group is a commercial bank headquartered in New York, City, New York. The firm provides financing, leasing, and advisory services principally to middle-market companies in North America, and equipment financing and leasing solutions to the transportation sector. CIT Group operates through three segments, namely, commercial banking, transportation finance, and consumer and community banking. CIT Group specializes in a variety of financing, leasing, and advisory products and services including secured lines of credit, insurance services, debt restructuring, and acquisition and expansion financing among others. CIT is now a division of First Citizens Bank.

Contact Information

Website
www.cit.com
Formerly Known As
Commercial Credit and Investment Company, Commercial Investment Trust
Year Founded
1908
Service Provider Type
Commercial Bank
Primary Office
  • 11 West 42nd Street
  • New York, NY 10036
  • United States
+1 (212) 000-0000

CIT Group Financings

Company Name Financing Date Debt/Deal Date Debt/Deal Amount
Bolla Market Sep 2023 00000 0000000
00000 000000 Sep 2023 00000 0000000
000 0000 000000 00 Sep 2023 00000 0000000
000 0000 000000 00 Sep 2023 00000 0000000
00000 000000000000 Jun 2023 00000 0000000
00000 000000000000 Jun 2023 00000 0000000
00000000 000000000 Jun 2023 00000 0000000
000000 000 Apr 2023 00000 0000000
Liquid Web Apr 2023 00000 0000000
Liquid Web Apr 2023 00000 0000000
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CIT Group Co-Lenders (450)

Lender Lender Type Lender Location Total Shared Financings Last Shared Financing
Ableco Finance Lender New York, NY 1
000 0000 0000 Commercial Bank Amsterdam, Netherlands 0 00000
00 0000000 000000 Lender Austin, TX 0
0000 00000000 Lender Boston, MA 0
000 000000000 Lender New York, NY 0
0000 0000 0000000 Law Firm Washington, DC 0
0000000-000000 Investment Bank Paris, France 0 00000
00000000 0000000 0 Business Development Company New York, NY 0
Allegiance Bancshares Commercial Bank Houston, TX 1
Alliance Global Partners Investment Bank New York, NY 1 00000
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CIT Group Investment Preferences

Preferred Industries Preferred Verticals Preferred Deal Types Geographic Preferences Transaction Amount

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CIT Group Team (228)

Name Title Related Financings Office Contact
Info
Peter Connolly Co-Head and President, CIT Corporate Finance New York, NY
Steven Solk President, Consumer Banking 0 CA
Philip Robbins President of Asset Management and Capital Markets Raleigh, NC
Marc Heller President of Commercial Services New York, NY
Jeff Lytle President, Rail Operations New York, NY
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CIT Group Board Members (23)

Name Representing Role Since
Michael Brosnan CIT Group Board Member 000 0000
R. Oates CIT Group Board Member 000 0000
William Freeman Self Board Member 000 0000
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CIT Group Subsidiaries (8)

Company Name Industry Location Founded
CIT Finance Lender Livingston, NJ 2011
0000000000 0000000 Lender Mount Laurel, NJ 0000
000000 00000000000 Lender Morristown, NJ 0000
000 00000 00000000 Corporate Pension Livingston, NJ 0000
0000 000000000 000 Mezzanine Toronto, Canada 0000
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