First Citizens Bank Equipment Finance eyes $750M in industrial originations in 2023
CHARLOTTE — First Citizens Bank Equipment Finance has its eye toward growth in its industrial portfolio this year as the lender looks to capitalize on new technologies and leverage its salesforce to enter new markets. First Citizens expects to originate $700
Expanded Equipment Finance Connect agenda focuses on best practices for finance operations
Royal Media’s newly expanded agenda for the 2023 Equipment Finance Connect emphasizes educational sessions on best practices for finance operations. Equipment Finance Connect, taking place Feb. 27 and 28 at the Westin Charlotte, includes engaging workshops, roundtable discussions and professional networking
CIT supplies Utopia Deals with $35M revolving credit facility
CIT’s asset-based lending business has inked an agreement with global retailer Utopia Deals to supply the company with a $35 million revolving credit facility. CIT, a division of First Citizen’s Bank, is providing Plainview, New York-based Utopia Deals with working capital
CIT director Harold Ray to join fireside chat at Equipment Finance Connect
Harold Ray, director of the industrial finance division at CIT, is set to take the stage for a fireside chat to discuss the state of the equipment finance industry amid a rising interest rate environment and inflationary pressures at Equipment
