Daily News: March 2, 2018

ABL Vet Younts Joins CIT Commercial Services


CIT Group added Jerry Younts to its Commercial Services team as a senior business development officer. Younts will be responsible for offering factoring and asset-based financing services to furniture, textile, floor covering manufacturers and importers and other clients, primarily in the Southeastern U.S.

“CIT is continuing to build a best-in-class team to provide factoring and other financing options to Southeastern manufacturers and importers,” said Mike Hudgens, Southeast regional manager for CIT’s Commercial Services group. “We are pleased to welcome Jerry to our lineup of experts.”

Younts was most recently employed as a senior vice president at BB&T Commercial Finance and has prior experience at Bridge Bank, Accord Financial, Capital Business Credit and Barclays Commercial.