• Capital Equipment Finance

    For transactions of widely varying sizes, get flexible terms up to eight years, with rates tailored to the equipment and borrower.

  • Capital Equipment Finance

    CIT Capital Equipment Finance is a leading provider of equipment financing solutions for 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 work 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 add value to our customers’ businesses.

    We specialize in providing equipment loans and leases for transactions ranging in size from $3 million to $100 million and more. We offer flexible terms of up to ten years, with advance rates tailored to the equipment and credit strength of the borrower.

    Products & Services

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

    Key Areas of Focus

    • Aerospace & defense
    • Automotive
    • Construction 
    • Distribution 
    • Food, beverage and agriculture 
    • General manufacturing 
    • Healthcare and medical 
    • Island marine
    • Machine tools 
    • Materials handling 
    • Media and entertainment 
    • Metals 
    • Mining 
    • Packaging 
    • Plastics 
    • Printing 
    • Pulp & paper 
    • Supermarkets/convenience stores 
    • Textiles 
    • Trade & service 
    • Trucking & logistics 
    • Utilities
  • Capital Equipment Finance 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
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