CIT Names Business Development Officer in Capital Equipment Finance for the West Region
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NEW YORK, April 14, 2022 /PRNewswire/ — CIT, a division of To start with Citizens Bank, right now introduced that its Cash Equipment Finance company has named Eric Smith as a organization development officer serving the West location.
Smith, who is centered in Higher Seattle, will be dependable for building, sustaining, and expanding customer and prospect associations within just the area, which features California, Oregon, Washington, Alaska and Hawaii.
“CIT has lengthy preserved a name for excellence in money machines financing,” reported Kevin Ronan, senior vice president overseeing business enhancement for the two the direct and oblique income channels in Cash Tools Finance. “I’m confident Eric will support us grow on that legacy by supporting our customers and their ongoing expansion in this significant marketplace sector.”
Smith is a monetary product sales qualified with in excess of 25 several years of practical experience establishing tools-based fiscal methods throughout a large selection of industries. Prior to joining CIT, Smith put in 5 yrs in tools finance at Wells Fargo and 15 a long time just before that at GE Money. He is a graduate of the University of Oregon with a diploma in business enterprise and finance.
Funds Products Finance, portion of CIT’s Professional Finance small business, is a primary supplier of devices financing solutions to center marketplace and large-cap companies. The unit specializes in providing machines financial loans and leases with versatile terms and charges personalized to the machines requirements and credit rating toughness of the borrower.
About CIT
CIT is a division of Initially Citizens Bank, the most significant relatives-controlled financial institution in the United States, continuing a exclusive legacy of energy, balance and long-phrase considering that has spanned generations. Guardian organization, Initially Citizens BancShares, Inc. (NASDAQ: FCNCA) is a major 20 U.S. monetary institution with a lot more than $100 billion in assets. The company’s professional banking segment brings a huge array of finest-in-class lending, leasing and banking expert services to middle-market place providers and little firms from coastline to coastline. 1st Citizens also operates a nationwide immediate financial institution and a community of extra than 600 branches in 22 states, several in superior-growth marketplaces. Industry specialists provide a depth of expertise that can help firms and persons fulfill their specific ambitions at each individual stage of their economic journey. Uncover far more at cit.com/firstcitizens.
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Source CIT, a division of Initial Citizens Financial institution
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