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News Stories (5 Results) - CIT Commercial Services

The retail industry is going through a form of evolution, maybe even a revolution. E-commerce has changed the way retailers sell, so that the major brick-and-mortar companies are looking at their individual stores, potentially closing what they... view press release
July 08, 2016, 08:03 AM


Growth in the U.S. furniture industry continues to outpace the U.S. economy, due in large part to strong performances in bedroom and dining room furnishing sales. While housing continues to improve and discretionary spending increases, the sector... view press release
October 16, 2015, 07:36 AM


CIT Commercial Services, a leading provider of factoring services, launched “CIT CIS Mobile,” a mobile app designed to bring the functionality of CIT Commercial Services’ Client Information System (CIS) to iPhone® and iPad® devices.Available for... view press release
January 08, 2015, 07:43 AM


The Great Recession changed the face of the banking and finance worlds for many businesses in the apparel sector. Over this period, many business owners turned to accounts receivable factoring to access flexibility in lending and the expertise a... view press release
August 12, 2014, 07:20 AM


After several years of slow growth, middle-market furniture executives are feeling more optimistic about the future of their sector. According to Jon Lucas, President of CIT Commercial Services, and Mike Hudgens, Southeast Regional Manager of CIT... view press release
May 13, 2014, 07:11 AM