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Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing, and advisory services principally to middle-market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. 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.
Here at Beacon Funding, we`ve spent the past 25 years establishing ourselves as the premier, full service provider of financing solutions to all types of organizations throughout a wide variety of industries. Whether you`re an equipment manufacturer looking for a vendor financing partner or you`re looking to finance an equipment purchase for your business (think tow truck, boom truck, embroidery equipment), we have the expertise and support to help you succeed. At Beacon, we like to think that we have developed the ideal blueprint for running an equipment financing operation. It takes talented and dedicated employees nationwide to deliver the competitive and dependable equipment financing programs that our vendors and clients have come to expect. Not only do we have the financing knowledge, we`re also experts on the equipment we finance, so we have both sides of the equations covered. This means that we`re able to provide financing services to all types of businesses: new, established, and financially healthy and even those with a troubled credit history.
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