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Companies of all sizes and in all stages of the business cycle turn to CIT for innovative financial solutions. Whether it's a term loan or a revolving line of credit, we are committed to tailoring a financing package that meets your needs.
Below is a brief overview of the types of financing we provide. We encourage you to e-mail us or call us at (800) 248-3240 if you are seeking financing for your business. We look forward to working with you!
Companies turn to CIT for:
Acquisition financing Debt restructuring DIP and Confirmation plan financing Letters of credit Turnaround financing
Acquisition financing
Our acquisition loans support management and leveraged buyouts by providing secured lines of credit to purchase the assets of a company.
Debt restructuring
CIT refinances your company's existing debt to preserve working capital and reduce expenses.
DIP and confirmation plan financing
Debtor-in-possession and confirmation plan financing provide support both during and after a bankruptcy filing to help your company return to profitability.
Letters of credit
As a precursor to financing, CIT provides import and export letters of credit to help companies increase sales or acquire products from overseas. A letter of credit is an instrument issued by a bank substituting its name and credit standing for that of its customer. CIT will issue letters of credit on your company's behalf. For importers, once the goods are acquired, CIT arranges financing on that inventory. For exporters, once you ship, CIT lends against those receivables.
Turnaround financing
CIT works closely with your company and its turnaround managers to support your financial needs as your company reorganizes and revitalizes itself for the future.
Want to learn more?
We would be happy to discuss your company's specific financing needs. Call us at (800) 248-3240 or e-mail us. Put the resources of CIT to work for your company! We look forward to working with you. |