NEW YORK, April 14, 2022 /PRNewswire/ — CIT, a division of To start with Citizens Bank, these days introduced that its Funds Products Finance organization has named Eric Smith as a business enterprise improvement officer serving the West area.
Smith, who is centered in Bigger Seattle, will be responsible for building, protecting, and expanding client and prospect associations within just the area, which involves California, Oregon, Washington, Alaska and Hawaii.
“CIT has extensive managed a name for excellence in funds equipment financing,” reported Kevin Ronan, senior vice president overseeing organization improvement for the two the immediate and oblique sales channels in Money Devices Finance. “I am confident Eric will help us develop on that legacy by supporting our consumers and their ongoing growth in this critical field sector.”
Smith is a financial sales skilled with about 25 a long time of working experience building products-based mostly economical methods across a extensive array of industries. Prior to joining CIT, Smith used 5 decades in devices finance at Wells Fargo and 15 several years ahead of that at GE Money. He is a graduate of the University of Oregon with a degree in enterprise and finance.
Money Gear Finance, aspect of CIT’s Commercial Finance enterprise, is a leading service provider of devices funding remedies to center current market and substantial-cap companies. The device specializes in offering tools financial loans and leases with adaptable phrases and fees tailor-made to the machines requirements and credit history energy of the borrower.
CIT is a division of Initial Citizens Bank, the premier household-controlled financial institution in the United States, continuing a special legacy of power, security and lengthy-term thinking that has spanned generations. Mum or dad company, 1st Citizens BancShares, Inc. (NASDAQ: FCNCA) is a prime 20 U.S. economic establishment with much more than $100 billion in assets. The firm’s commercial banking phase provides a extensive array of greatest-in-class lending, leasing and banking expert services to center-industry companies and modest corporations from coastline to coast. Very first Citizens also operates a nationwide immediate financial institution and a network of extra than 600 branches in 22 states, many in significant-expansion markets. Business professionals bring a depth of abilities that helps organizations and folks meet up with their particular aims at each and every stage of their fiscal journey. Explore a lot more at cit.com/firstcitizens.
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Resource CIT, a division of Initial Citizens Lender