Cit Group (CIT)

Cit Group (CIT) Stock Quote Information

CIT Group Inc. operates as the holding company for CIT bank that provides financing and leasing capital worldwide. Its products principally include asset based loans; secured lines of credit; operating, finance, and leveraged leases; factoring services; vendor finance; import and export financing; small business loans; debtor-in-possession/turnaround financing; acquisition and expansion financing; and letters of credit/trade acceptances structuring. The company?s services primarily comprise financial risk management; asset management and servicing; debt restructuring; credit protection; accounts receivable collection; debt underwriting and syndication; capital markets; and insurance services. In addition, it offers management advisory, equipment leasing, and consumer finance services. The company primarily serves small business and middle market companies in various industries, such as transportation (principally aerospace and rail); manufacturing; retailing; healthcare; communications; media and entertainment; energy; and various service-related industries. The company was founded in 1908 and is headquartered in New York, New York.