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CIT Group has announced the appointment of Marc Heller as President of CIT Commercial Services - a provider of factoring and financing to consumer product companies (more…)
#CIT#CIT Commercial Services#financial services
Lenders to Joe’s Jeans’ senior term loan and revolving credit agreement will be repaid through a transaction that includes asset…
#CIT#CIT Commercial Services#investment
Service designed for quicker business decision making (more…)
#CIT#CIT Commercial Services#receivables
Event will focus on financing strategies specific to fashion industry (more…)
#CIT#CIT Commercial Services#conference
Factors Chain International (FCI) has officially announced that Peter Mulroy will be the new Secretary General as of 1 July…
#CIT#CIT Commercial Services#emerging markets
Factoring customers are beginning to return to CIT Commercial Services, according to a recent statement by CIT Group Vice Chairman…
#bankruptcy#CIT#CIT Commercial Services
CIT Group Plc will tomorrow confirm its plans for restructure in a hearing at the U.S. Bankruptcy Court for the…
CIT has announced that it has provided a $90 million revolving line of credit and term loan to Como Fred…
#CIT#CIT Commercial Services#funding
MicroFinancial Incorporated (NYSE:MFI) announced today that it has arranged for a three year, US$30mn senior secured revolving line of credit…
#bank#CIT#CIT Commercial Services
R.G. Barry Corporation has announced that it has entered into a factoring and financing agreement with The CIT Group/Commercial Services…
"HSBC's decision to exit the domestic factoring business was made as a result of our new strategic plan's emphasis on…
Lenders painted a less than rosy picture of the Florida lending market at the Florida Chapter Turnaround Management Association's meeting.…
#CIT#CIT Commercial Services#liquidity
CIT Commercial Services, a unit of CIT Group Inc. (NYSE: CIT), today announced that it has provided a $56 million…
#CIT#CIT Commercial Services#Letters of Credit