NEW YORK, Could 21, 2020 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) and Lenovo introduced a three-year program extension to their Lenovo Monetary Companies program, persevering with the decade-long relationship. Beneath the extension, CIT will proceed to supply a broad vary of vendor financing options for U.S. shoppers and prospects who make the most of Lenovo’s in depth vary of know-how services and products.
“We’re excited to proceed our longstanding and profitable relationship with Lenovo,” stated Mike Jones, president of CIT’s Enterprise Capital division. “CIT is dedicated to offering prospects with the monetary agility and suppleness to satisfy their distinctive wants. Our Lenovo Monetary Companies program demonstrates that dedication by showcasing CIT’s capability to ship the suitable financing options for patrons of a number one know-how firm.”
By way of the Lenovo Monetary Companies program, CIT presents options for business prospects looking for to lease or finance Lenovo’s superior know-how services and products. CIT helps all of Lenovo’s direct and oblique gross sales channels, from small enterprise e-commerce to Fortune 100 shoppers. Choices vary from conventional truthful market worth leasing and mortgage merchandise to built-in managed service choices.
“For 10 years, CIT has served as a trusted financing and providers supplier for Lenovo, giving our U.S. prospects the flexibleness they could want to include superior know-how options into their companies,” stated Rob Makin, Lenovo Govt Director of Worldwide Machine as a Service and Lenovo Monetary Companies. “Extending this relationship strengthens our capability to make smarter know-how obtainable for all, whether or not by way of outright leases or participation in Lenovo’s Machine as a Service Program.”
CIT’s Enterprise Capital division empowers small and mid-size companies by offering gear financing options through technology-enabled platforms and market main structuring experience.
CIT is a number one nationwide financial institution centered on empowering companies and private savers with the monetary agility to navigate their targets. CIT Group Inc. (NYSE: CIT) is a monetary holding firm with over a century of expertise and operates a principal financial institution subsidiary, CIT Financial institution, N.A. (Member FDIC, Equal Housing Lender). The corporate’s business banking phase contains business financing, neighborhood affiliation banking, center market banking, gear and vendor financing, factoring, railcar financing, treasury and funds providers, and capital markets and asset administration. CIT’s shopper banking phase features a nationwide direct financial institution and regional department community. Uncover extra at cit.com/about.