NEW YORK, April 14, 2022 /PRNewswire/ — CIT, a division of Very first Citizens Financial institution, right now announced that its Capital Equipment Finance organization has named Eric Smith as a business advancement officer serving the West location.
Smith, who is based mostly in Greater Seattle, will be dependable for developing, maintaining, and expanding customer and prospect interactions in the area, which involves California, Oregon, Washington, Alaska and Hawaii.
“CIT has long taken care of a name for excellence in cash products funding,” said Kevin Ronan, senior vice president overseeing small business progress for the two the immediate and indirect product sales channels in Funds Tools Finance. “I’m assured Eric will enable us expand on that legacy by supporting our clients and their continued growth in this critical market sector.”
Smith is a financial income professional with about 25 decades of practical experience establishing gear-based economic methods throughout a extensive assortment of industries. Prior to joining CIT, Smith spent 5 many years in machines finance at Wells Fargo and 15 decades in advance of that at GE Funds. He is a graduate of the College of Oregon with a diploma in company and finance.
Cash Products Finance, component of CIT’s Commercial Finance organization, is a foremost service provider of tools funding options to center current market and significant-cap organizations. The unit specializes in furnishing tools financial loans and leases with flexible terms and costs personalized to the gear desires and credit history power of the borrower.
About CIT
CIT is a division of Very first Citizens Lender, the most significant family-managed lender in the United States, continuing a exclusive legacy of power, steadiness and prolonged-phrase contemplating that has spanned generations. Dad or mum company, Initial Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top rated 20 U.S. financial institution with additional than $100 billion in belongings. The firm’s commercial banking phase provides a vast array of finest-in-course lending, leasing and banking companies to middle-market place companies and smaller businesses from coastline to coastline. Very first Citizens also operates a nationwide immediate bank and a network of more than 600 branches in 22 states, several in large-advancement marketplaces. Business professionals convey a depth of knowledge that assists businesses and persons satisfy their specific targets at every stage of their financial journey. Find additional at cit.com/firstcitizens.
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Source CIT, a division of Initial Citizens Lender
