The CIT Group is a large American corporation that deals in commercial and consumer finance throughout the world with headquarters in New York City.
About The Company
Founded in 1908, CIT, which stands for Commercial Investment Trust, is part of the Fortune 500 and is a leading finance company for vendor, factoring, equipment and transportation companies along with doing Small Business Administration and Asset-based financing It is reported that the company has done business with 80% of the Fortune 1000 and lends to a million small and medium businesses. The company employs more than 7,300 people in various world locations [1]
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