Commercial Services

Tailored financial tools to help power your business ahead

Boost your working capital with commercial services

We provide factoring and financing to middle market consumer product companies. Put our commercial services lending, financing and receivables management tools and solutions to work to help you improve cash flow, reduce operation expenses and mitigate credit risks with peace of mind.

Contact us about commercial banking services for your business

Commercial Services key areas of focus
Industries we finance

We provide commercial services and financial tools for a wide cross-section of industries in the consumer product space. When we work together, you get the time to stay focused on what you do best—growing your business.

  • Accessories
  • Apparel
  • Consumer electronics
  • Footwear
  • Furniture
  • Hardware
  • Health and beauty
  • Home furnishings
  • Housewares
  • Luggage
  • Service industries
  • Textiles
  • Toys
  • Other consumer product industries

Products & services
Optimize solutions and grow your business

Factoring

Accounts receivable factoring services can help companies like yours accelerate cash flow, improve collections and control exposure to bad debts.

Learn About Factoring

International factoring

International factoring services are typically available on a non-recourse, notification basis and may facilitate either import or export sales.

Explore International Factoring

Bulk sale of accounts receivable

A bulk sale of accounts receivable provides a means of obtaining off-balance sheet financing.

Discover Bulk Sale

Receivable exposure management (REM)

REM is a risk mitigation tool that helps companies support sales growth while controlling selected customer credit risk.

Read About REM

Supply chain finance (SCF)

SCF allows buyers to optimize their working capital and mitigate risks by extending their payment terms while providing an on-demand pool of liquidity for their suppliers.

View SCF Solutions

Asset-based lending (ABL)

Improve your earnings by leveraging your accounts receivable, inventory or fixed assets as collateral. We provide revolving and term loan commitments up to $15 million.

Commercial Services Insights
Expand your knowledge

Industry Expertise

What's Covered by Commercial Auto Insurance?

Commercial vehicle insurance is crucial to protecting your company's fleet of vehicles, but it may also be helpful in other scenarios.
By insuring against the risk of any possible property damage, injuries, medical expenses or losses resulting from an accident or theft, you're effectively buffering your company's finances from potentially high claims and settlements.
Finance

How to Create a High-Efficiency Custom Manufacturing System

Companies can profitably scale to higher-volume, mass customization by enhancing these four areas.
Because quality is paramount, deepen relationships with suppliers that consistently deliver high-quality components on time and on budget.
Industry Expertise

Predictive Maintenance Optimization

Manufacturers can maximize critical assets and achieve efficiencies with predictive maintenance.
Extending the life of critical machines and equipment can go a long way in better managing capital and boosting ROI.
explore more commercial services insights

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CIT Commercial Services primarily conducts business through The CIT Group/Commercial Services, Inc., a wholly-owned subsidiary of First-Citizens Bank & Trust Company.

Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

NMLSR ID 503941