CIT, a division of First Citizens Bank, launched a new lending and leasing vertical focused on financing fleet golf cars, turf (grounds care) equipment, utility vehicles and similar equipment. Shawn Foy will lead the new vertical.
Findings of a new survey of small and midsized business leaders conducted by The Harris Poll and sponsored by CIT say businesses are investing in technology to expand online operations and facilitate remote work during the pandemic.
FinTech Breakthrough selected CIT Group’s small business solutions group as the winner of the Business Lending Innovation Award for its point-of-sale lending platform in the fifth annual FinTech Breakthrough Awards program.
For middle-market and small businesses, the COVID-19 pandemic is highlighting the vital importance of investing in new technology, facilitating remote work and maintaining tech-savvy workforces, according to a new survey conducted by The Harris Poll for CIT.
Ken Martin has joined CIT Group as managing director of the Small Business Solutions unit, which is part of its Business Capital division, effective immediately.