CIT Names Business Development Officer in Capital Equipment Finance for the West Region
NEW YORK, April 14, 2022 /PRNewswire/ — CIT, a division of To start with Citizens Bank, right now introduced that its Funds Gear Finance enterprise has named Eric Smith as a enterprise advancement officer serving the West area.
Smith, who is primarily based in Larger Seattle, will be liable for producing, sustaining, and increasing shopper and prospect interactions in just the area, which features California, Oregon, Washington, Alaska and Hawaii.
“CIT has extended taken care of a track record for excellence in funds products funding,” said Kevin Ronan, senior vice president overseeing business enterprise enhancement for the two the direct and oblique profits channels in Cash Devices Finance. “I’m confident Eric will assistance us develop on that legacy by supporting our clientele and their continued growth in this significant industry sector.”
Smith is a fiscal sales qualified with in excess of 25 decades of knowledge creating machines-dependent fiscal remedies across a extensive array of industries. Prior to joining CIT, Smith used 5 many years in devices finance at Wells Fargo and 15 several years before that at GE Cash. He is a graduate of the University of Oregon with a degree in organization and finance.
Capital Machines Finance, portion of CIT’s Business Finance small business, is a major service provider of products financing options to middle market and substantial-cap businesses. The unit specializes in delivering equipment loans and leases with flexible terms and charges tailored to the tools requirements and credit history power of the borrower.
About CIT
CIT is a division of Very first Citizens Bank, the biggest loved ones-controlled bank in the United States, continuing a special legacy of strength, balance and lengthy-term thinking that has spanned generations. Parent firm, First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. fiscal establishment with more than $100 billion in assets. The firm’s commercial banking phase brings a large array of greatest-in-class lending, leasing and banking products and services to middle-industry corporations and tiny enterprises from coastline to coast. 1st Citizens also operates a nationwide direct bank and a community of additional than 600 branches in 22 states, many in substantial-development marketplaces. Business specialists deliver a depth of experience that allows corporations and individuals satisfy their precise aims at every phase of their economic journey. Find out more at cit.com/firstcitizens.
MEDIA RELATIONS:
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John.Moran2@firstcitizens.com
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Supply CIT, a division of Initially Citizens Financial institution