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CIT Group Inc., also called CIT Group, is a financial holding company, which provides financing, leasing and advisory services. It operates through the following business segments: Commercial Banking, Consumer Banking and Non-Strategic Portfolios Corporate and Other. Read More The Commercial Banking segment consists of four divisions, commercial finance, rail, and real estate finance and business capital. It provides a range of lending, leasing and deposit products, as well as ancillary products and services, including factoring, cash management and advisory services, primarily to small and medium- sized companies, as well as to the rail industry. The Consumer Banking segment includes retail Banking, consumer lending, and SBA lending, which are grouped together for purposes of discussion as other consumer banking and legacy consumer mortgages. The Non-Strategic Portfolios Corporate and Other segment consists of businesses and portfolios that they no longer consider strategic. These portfolios include equipment financing, secured lending and leasing and advisory services to small and middle-market businesses. The company was founded by Henry Ittelson in 1908 and is headquartered in New York, NY.
New York, New York
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Rental and Lease
Yahoo FinanceMay 10
CIT Serves as Sole Lead Arranger on $64 Million Refinancing for Assisted Living Facilities in Florida
NEW YORK, May 10, 2019 /PRNewswire/ -- CIT Group Inc. (CIT) today announced that its Healthcare Finance business served as sole lead arranger for a $64 million loan to refinance assisted living facilities in Florida. (PRNewsfoto/CIT Group Inc.) More The borrower, Virtus Real Estate Capital ("Virtus"), is refinancing a portfolio of three properties comprising more than 350 assisted living and memory care units at facilities located in Clermont, Stuart and Tavares, Florida. "We greatly appreciate CIT's exp...
PR NewswireMay 8
CIT and NORD/LB Arrange $91 Million Financing for Mesa Airlines
NEW YORK, May 8, 2019 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that it served together with NORD/LB as co-lead arrangers and joint documentation agents on a $91 million term loan financing on behalf of Mesa Airlines, the fifth largest independent regional air carrier in the U.S. The financing, arranged by CIT's Aerospace, Defense & Government Finance business and NORD/LB, was used to underwrite the purchase of aircraft engines for Mesa's fleet of aircraft. Mesa services routes for nationa...
CIT Group Inc (DEL) (CIT) Ex-Dividend Date Scheduled for May 09, 2019
CIT Group Inc (DEL) ( CIT ) will begin trading ex-dividend on May 09, 2019. A cash dividend payment of $0.35 per share is scheduled to be paid on May 24, 2019. Shareholders who purchased CIT prior to the ex-dividend date are eligible for the cash dividend payment.
Expected Jul 23, Pre-Market