CEFX - CIT Equipment Finance Corporation

CIT Capital Equipment Finance

CIT Capital Equipment Finance is a leading provider of commercial equipment financing solutions for middle market companies in a wide range of industries. We have nearly a century of experience in developing innovative financial products and services that are flexible, affordable and tailored to our customers’ specific needs.

Our experienced sales and underwriting professionals team with companies to structure transactions that consider unique requirements and industry characteristics. Designing specific solutions that take into consideration business cycles, seasonal needs, specialized equipment requirements and other factors, allows us to provide a sophisticated solution that adds value to our customers’ businesses.

Our Capital Equipment Financing Products and Services

CIT Capital Equipment Finance specializes in providing equipment loans and leases for transactions ranging in size from $5 million to $100 million and more. We offer flexible terms of up to eight years, with advance rates tailored to the equipment and credit strength of the borrower. Our equipment financing products and services include:

• New and used equipment loans and leases 
• Equipment refinancing arrangements
• Sale-leaseback arrangements  
• Senior term debt financing
• Lease lines of credit for equipment capital expenditures
• Cash flow loan structures
• Asset-based revolving lines of credit

Advantages

• Equipment acquisition financing or leasing allows companies to take possession of equipment quickly, while preserving working capital for other strategic purposes
• With a secured loan, companies can take advantage of the equity in their existing equipment, or use newly-purchased equipment as collateral
• A revolving line of credit enables companies to improve their cash flow and restructure their debt according to their current and future requirements
• Certain lease structures can improve cash flow for companies by reducing their initial investment and monthly payments
• Several structures help companies divest obsolescence risk, and provide flexibility to match equipment needs with business cycles
• Businesses can match terms of funding with useful life of equipment
• Companies have the option to choose either fixed or floating rates
• Equipment financing can result in varied accounting and tax benefits

Commercial equipment financing solutions for a wide range of industries

Rail and Locomotive Finance

Railcar financing solutions designed with businesses in mind. 

We bring one of the youngest, most diversified railcar and locomotive fleets to help your business stay on track towards meeting its goals. Our leasing and financing solutions are designed to free up capital for your growth priorities, increase efficiencies and reduce out-of-service time.

Learn more, contact CIT Rail.

Railcar and Locomotive Services

Railcar and locomotive leasing and financing solutions that keep you on track. 

We take pride in providing efficient railcar leasing services for our customers. We offer the following services:

• Asset Management
• Equipment Financing
• Lease financing
• Operating leases

• Portfolio acquisition
• Sale-leasebacks
• Senior secured debt services
• Synthetic leases

Industries We Serve

Diversified fleet to serve various commodities and industries. 

We know railcar leasing services play an important role in many industries.  CIT Rail is proud to offer a diversified fleet to support the following industries:

• Agriculture
• Aggregates
• Automotive
• Chemical
• Construction

• Energy
• Forest products
• Plastics
• Steel
• Waste

Offices Across North America

We serve customers across North America with 9 convenient locations:

• Albany, NY 
• Atlanta, GA
• Calgary, Canada
• Chicago, IL
• Cincinnati, OH

• Denver, CO
• Houston, TX
• Mexico City, Mexico   
• Pittsburgh, PA

We focus on meeting the domestic and international needs of U.S.-based middle market Companies in a variety of industries, including:

• Aerospace and Defense
• Automotive
• Construction
• Distribution
• Food, Beverage and Agriculture
• General Manufacturing
• Healthcare and Medical
• Machine tools
• Materials handling
• Media and Entertainment
• Metals

• Mining
• Oil and gas
• Packaging
• Plastics
• Printing
• Pulp & paper
• Supermarkets/convenience stores
• Textiles
• Trade & service
• Trucking & logistics
• Utilities