Keyword
financing
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Laurentian Bank buys equipment finance company CIT Canada
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…
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CIT Group teams with Ryder to help Canadian customers finance pre-owned vehicles
TORONTO, Ont. — Ryder System has partnered with CIT Group to provide customers with financing on pre-owned vehicles. The company has brought a preferred lender agreement that already existed in the US to the Canadian market as well. The preferred…
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Pricier trucks won’t hurt leasing and financing markets: Frost & Sullivan
MOUNTAIN VIEW, Calif. — The rising costs of new trucks will not affect the viability of the North American Class 8 truck leasing and financing market, according to new research from Frost & Sullivan. Instead, researchers suggested, the market will…