Structure
Each CIT business has industry alignment and focuses on specific sectors, products and markets, with portfolios diversified by client and geography.
- CIT operates CIT Bank, which is Federal Deposit Insurance Corporation (FDIC) insured and operates BankOnCIT.com, a separate website.
- CIT Corporate Finance provides lending, leasing and other financial and advisory services to the small business and middle market sectors, with a focus on specific industries, including Communications, Energy, Entertainment, Healthcare, Industrials, Information Services & Technology, Restaurants, Retail, and Sports & Gaming.
- CIT Trade Finance is one of the nation’s leading providers of factoring and financing to consumer product companies. It provides credit protection, accounts receivable management and asset-based lending to manufacturers and importers.
- "Transportation Finance" is a leading global aircraft lessor and the third largest U.S. railcar lessor. It also provides lending and leasing services to the transportation industry, principally the aerospace and rail sectors.
- "Vendor Finance" is involved in providing financing programs for manufacturers, distributors, product resellers and other intermediaries that enable their customers to acquire products now and finance payments over time. CIT maintains relationships with leading companies primarily in the information technology, telecommunications and office equipment industries while providing equipment leasing and financing to small and middle market businesses across all industries.
Read more about this topic: CIT Group
Famous quotes containing the word structure:
“The structure was designed by an old sea captain who believed that the world would end in a flood. He built a home in the traditional shape of the Ark, inverted, with the roof forming the hull of the proposed vessel. The builder expected that the deluge would cause the house to topple and then reverse itself, floating away on its roof until it should land on some new Ararat.”
—For the State of New Jersey, U.S. public relief program (1935-1943)
“Who says that fictions only and false hair
Become a verse? Is there in truth no beauty?
Is all good structure in a winding stair?
May no lines pass, except they do their duty
Not to a true, but painted chair?”
—George Herbert (1593–1633)
“Vashtar: So it’s finished. A structure to house one man and the greatest treasure of all time.
Senta: And a structure that will last for all time.
Vashtar: Only history will tell that.
Senta: Sire, will he not be remembered?
Vashtar: Yes, he’ll be remembered. The pyramid’ll keep his memory alive. In that he built better than he knew.”
—William Faulkner (1897–1962)