Factoring, Credit Protection, Accounts Receivable Management

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Factoring, Credit Protection,
Accounts Receivable Management
and Lending Services
North America Banking
CIT Commercial
Services
CIT Commercial Services is one of the nation’s leading providers
of factoring and financing to consumer product companies.
We tailor financial solutions that help companies of all sizes
increase sales, improve cash flow, reduce operating expenses and
eliminate customer credit losses. Our clients (vendors) range in
size from $2 million to $1 billion in annual sales and sell to a broad
range of public and private retailers across the nation and abroad.
Our Internet-based platform provides clients with real-time credit
approvals and comprehensive accounts receivable information.
Companies and private equity
firms turn to CIT Commercial
Services to:
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Increase liquidity
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Gain protection against bad
debt losses
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Reduce expenses by
outsourcing credit checking and
bookkeeping functions
© 2016 CIT Group Inc., CIT and the CIT logo are
registered service marks of CIT Group Inc. 1/6/16
Accounts receivable
management
Asset-based lending
––
Revolving lines of credit with
advances against accounts
receivable and inventory
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Gain online real-time access to
account balances and activity
Mostly privately-held and family
owned middle-market companies
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Annual sales of $5 million - $750
million
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Consumer product companies
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B2B companies selling to retailers
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Manufacturers, wholesalers,
importers and exporters
■■
Companies looking for customer
credit risk mitigation strategies
Grow their accounts receivable
line of credit as their accounts
receivables increase
Obtain credit protection to help
manage large customer credit
exposures
5420 LBJ Freeway
Dallas, TX 75240
Securities and investment banking services offered
through CIT Capital Securities LLC, an affiliate of CIT.
––
Benefit from access to our
pay history of retailers and
wholesalers nationwide
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11 West 42nd Street
New York, NY 10036
Domestic and international
credit protection and factoring
services
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7000 Central Parkway NE, Suite 1200
Atlanta, GA 30328
300 South Grand Avenue
Los Angeles, CA 90071
––
Receive pre-approved credit
lines for their customers
■■
134 Wooding Avenue
Ballou Park Shopping Center
Danville, VA 24541
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Factoring Services
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201 South Tryon Street
Charlotte, NC 28202
Products and Services
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Client Profile
About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65
billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal
Housing Lender) has more than $30 billion of deposits and more than $40 billion
of assets. It provides financing, leasing and advisory services principally to middle
market companies across a wide variety of industries primarily in North America, and
equipment financing and leasing solutions to the transportation sector. It also offers
products and services to consumers through its Internet bank franchise and a network
of retail branches in Southern California, operating as OneWest Bank, a division of CIT
Bank, N.A. cit.com
cit.com/commercialservices
Contact:
800-248-3240
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