A financial holding company traded on the New York Stock Exchange (NYSE), CIT Bank has a more than 100-year history of offering financial solutions to large businesses and corporations of various industries. Because of its size and lending power, CIT Bank can offer wide and deep funding options that many smaller financing companies cannot. Commercial financing, commercial services (factoring receivables), equipment financing, asset financing, real estate financing and traditional business loans are just some of the many choices CIT Bank offers.
Though it does not specialize, commercial banking, transportation financing, and consumer & community banking are the three main areas CIT Bank serves. It has $30 billion of deposits and $40 billion of assets; it is thus capable of providing financing in the multimillion-dollar range.
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