Equipment Daimler deferring initial payments on construction trucks March 27, 2020 PORTLAND, Ore. – Daimler Truck Financial (DTF) is deferring first payments on new Western Star and Freightliner construction trucks for up to 120 days. The deal is available in both…
Equipment Laurentian Bank buys equipment finance company CIT Canada July 1, 2016 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,…
Business Management CIT Group teams with Ryder to help Canadian customers finance pre-owned vehicles May 4, 2015 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…
Equipment Pricier trucks won’t hurt leasing and financing markets: Frost & Sullivan December 12, 2014 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…