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home / news releases / CIT - CIT Northbridge Credit extends $30M credit to an online retailer of luxury accessories

CIT - CIT Northbridge Credit extends $30M credit to an online retailer of luxury accessories

CIT Group Inc (DEL)
CIT ([[CIT]] -0.8%) announces that CIT Northbridge Credit will serve as sole lead arranger on a $30M credit facility to an online retailer of luxury accessories.The asset-based financing consists of a senior secured revolving credit facility.Proceeds will be used to refinance existing debt and for general corporate purposes.CIT Northbridge Credit is a financial partner supporting middle-market companies with a broad range of flexible asset-based debt solutions.

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CIT Northbridge Credit extends $30M credit to an online retailer of luxury accessories
Stock Information
Company Name: CIT Group Inc (DEL)
Stock Symbol: CIT
Market: NYSE
Website: cit.com
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