Tag : CIT

CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy
Finance News

CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy

Fintech News Desk
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC , a leading developer of distributed community energy projects in the New York City metro region. NineDot Energy, a portfolio company of the global......
CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina
Finance News

CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina

Fintech News Desk
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, South Carolina. Onward Energy Inc. is acquiring the five-unit, 860-megawatt simple-cycle peaking power plant, which is fully contracted......
CIT Increases Financing for FOX Rehabilitation by $50 Million
Banking Finance News

CIT Increases Financing for FOX Rehabilitation by $50 Million

Fintech News Desk
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. “Latest Fintech News: PalmPay Hits 10 Million User Milestone in Nigeria The original financing was developed in connection with FOX’s acquisition by Blue Wolf Capital......
CIT Arranges $67.5 Million Financing for Acquisition and Expansion of Surgical Hospital and Adjacent Medical Office
Banking News

CIT Arranges $67.5 Million Financing for Acquisition and Expansion of Surgical Hospital and Adjacent Medical Office

Fintech News Desk
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the Northwest Specialty Hospital in the Greater Spokane market region. Latest Fintech News: Asure Announces Integration with PrismHR to Deliver Payroll Tax Filing System......
First Citizens Bank Completes Operational Conversion of OneWest Bank Division
Banking News

First Citizens Bank Completes Operational Conversion of OneWest Bank Division

Fintech News Desk
First Citizens Bank announced that its OneWest Bank division based in Southern California has completed its conversion to First Citizens’ operations and systems. This conversion integrates OneWest Bank customer accounts into First Citizens products and services. Latest Fintech News: TerraPay Partners With SendMN to Pave the Way for Seamless Cross-Border Payments......
CIT Provides $51 Million for Acquisition of Arizona Apartment Complex
Finance News

CIT Provides $51 Million for Acquisition of Arizona Apartment Complex

Fintech News Desk
CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $51 million in financing for the acquisition of the Oceana Apartments in Avondale, Arizona. Oceana Apartments, which was acquired by 29th Street Capital, consists of 240 one-bedroom, two-bedroom and three-bedroom units. Based in Chicago, 29th Street Capital is a leading......
CIT Leads Refinancing of $69 Million Strata Clean Energy Portfolio
Capital Markets News

CIT Leads Refinancing of $69 Million Strata Clean Energy Portfolio

Fintech News Desk
CIT Group Inc. announced that its Power and Energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy LLC, a leading integrated solar and storage energy service provider based in North Carolina. Latest Fintech Insights: Wirex to Give Away $1 Million Worth of Crypto for Christmas......
First Citizens BancShares, Inc. and CIT Group Inc. Announce Transformational Partnership to Create a Top-Performing Commercial Bank
Banking Business Fintech News

First Citizens BancShares, Inc. and CIT Group Inc. Announce Transformational Partnership to Create a Top-Performing Commercial Bank

Fintech News Desk
 First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group , the parent company of CIT Bank, N.A., jointly announced today that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals to create the 19th largest......
Loomis Launches "Loomis Pay", a Complete Payment Solution for Cash, Cards and Other Digital Payments
Fintech Mobile Banking News

Loomis Launches “Loomis Pay”, a Complete Payment Solution for Cash, Cards and Other Digital Payments

Fintech News Desk
Loomis continues to execute on its strategy and now takes a major step in the ambition to expand its presence across the value chain by launching Loomis Pay. Loomis Pay is a complete end-to-end payment platform for merchants and manages all types of payments, including cash, card and other digital alternatives,......
CIT Collaborates With Fintainium to Provide Fintech Payments Solution
Business Fintech News

CIT Collaborates With Fintainium to Provide Fintech Payments Solution

Fintech News Desk
CIT Group announced its Treasury and Payments Services business is collaborating with B2B fintech innovator Fintainium to provide an integrated payments and financial workflow management solution to meet the needs of small and midsize businesses. Read More: GlobalFintechSeries Interview with Griffin McGahey, President at HC3 CIT and Fintainium will waive the first three......
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