Truck News

The CIT Financial Group Ltd.

  • News Equipment

    Laurentian Bank buys equipment finance company CIT Canada

    July 1, 2016 2:05PM by Truck News

    MONTREAL, Que. — CIT Group has announced the sale of its Canadian equipment finance and corporate finance businesses to Laurentian Bank of Canada. The acquisition will affect about 140 employees, who will now work for Laurentian Bank of Canada. “This

  • Feature Transportation

    Lenders say they’re open for business

    May 1, 2010 12:00AM by Ingrid Phaneuf

    TORONTO, Ont. – When it comes to access to credit in the wake of the economic downturn, the good news is it’s slowly becoming more accessible. The bad news is, it’s only becoming more accessible for l…