Lessors Network Shadow
Lessors Network Header
.
Lessors Network Logo

A Vertical News Distribution Network, designed to raise awareness and promote enterprise growth within the largest equipment finance community on the Web.

LinkedIn
Over 1,600 Members
.
Lessors Network Ad
Optimal Leasing LLC
.
Optimal Leasing LLC

Optimal Leasing LLC has operated as an independent Minority Business Enterprise Lessor with an emphasis on Capital equipment primarily IT, Data Storage, Telecom, Point of Sale, Medical and Material Handling equipment. Average projected deal size is between 100K – 3M. Equipment transactions above 3M are welcomed. Lease financing is available for North America and Canada.

Contact: Larry Robinson - 248.738.2699
.
.


    Breaking News

Arrow  Submit Press Releases     Arrow  Receive Email Alerts    
Lessors Network Shadow
.
.

CIT Names Chief Underwriting Officer for Commercial Finance

CIT

NEW YORK — Aug. 28, 2018 — CIT Group Inc. (NYSE: CIT) today announced it has named Christopher M. McLaughlin as chief underwriting officer for the company’s Commercial Finance division.

In his new role, McLaughlin is responsible for leading a team of underwriters and portfolio managers across a wide range of business segments, including healthcare, energy, capital markets, maritime, aerospace, entertainment and media, sponsor finance, commercial and industrial, communications and technology, asset-based lending and syndications. He will be based in Manhattan.

“We are pleased to welcome Chris to CIT’s Commercial Finance team as we continue to focus on managing risk while pursuing growth opportunities,” said Jim Hudak, president, Commercial Finance.

McLaughlin joins CIT from Capital One N.A., where he has worked in middle market banking in positions of increasing management responsibility since 2009. His most recent role was as head of underwriting and portfolio management for middle market banking. Earlier in his career, McLaughlin led underwriting teams at Merrill Lynch Commercial Finance Corp. and worked as a risk manager and underwriter at First Union National Bank.

CIT’s Commercial Finance division provides lending, leasing and treasury management services to middle market businesses nationwide. The division’s core strength is leading complex transactions that demand deep industry knowledge and customized solutions to deliver successful results.

About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of June 30, 2018. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit cit.com and follow us on Twitter, LinkedIn, YouTube and Facebook.

 

CIT MEDIA RELATIONS:               
John M. Moran
212-461-5507
john.moran@cit.com





.
Lessors Network News

The Lessors Network keeps the largest equipment lease finance community on the Web informed of news and events shaping our fast paced industry by aggregating industry relevant news, press releases, legislative and regulatory updates from thousands of trusted sources around the world.

Email Alerts

Blue Arrow Email Alert Subscriptions (Sample) place the most important News Headlines, Featured Articles, Upcoming Events, Funding Alerts & Job Alerts, posted the last 24 hours, in your inbox every day (Excluding Slow News Days).

.
         
.


Arrow  About   Arrow  Contact   Arrow  Email Alerts   Arrow  Membership   Arrow  Sitemap   Arrow  Terms  
.
.
A Lessors.com, Inc. Company  |  © Copyright 1998 - 2017



.