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CIT Commercial Services Launches New Mobile App
Client Information System Delivers Consistent Functionality For Executives Making Business Decisions On The Go
Wednesday, January 7, 2015 08:30 AM
For clients who are always on the go, traveling domestically or abroad to meet with their customers and suppliers, this new app gives them the convenience of mobile access to the CIT CIS platform.

NEW YORK – CIT Commercial Services, a leading provider of factoring services, and a unit of CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, today launched “CIT CIS Mobile,” (cit.com/getCISMobile) a mobile app designed to bring the functionality of CIT Commercial Services’ Client Information System (CIS) to iPhone®and iPad® devices.

Available for download from the App Store℠, the mobile app provides CIT Commercial Services’ clients mobile access to many of the tools found on the existing CIS platform, including summaries of current and historical client information, customer aging and future due information, and individual customer summaries and concentration.  One of the more unique features of CIT’s systems and the mobile app is that clients can perform a prospect credit search of CIT’s vast customer base to obtain a non-binding- prospective credit line and summary pay history for a customer whose receivables are not currently factored by the client with CIT Commercial Services.

“Our clients expect a certain level of convenience in accessing information necessary to make real-time business decisions,” said Jon Lucas, President of CIT Commercial Services. “For clients who are always on the go, traveling domestically or abroad to meet with their customers and suppliers, this new app gives them the convenience of mobile access to the CIT CIS platform.”

CIT Commercial Services tailors factoring solutions to help companies increase sales, improve cash flow, reduce operating expenses and eliminate customer credit losses. Companies that utilize these services are vendors that sell to a broad range of public and private retailers, wholesalers and distributors across the nation and abroad.

Use of this app is complimentary to all CIT Commercial Services clients who already have login credentials to CIS and agree to the app Terms & Conditions and CIT’s Privacy Policy.

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About CIT Commercial Services
CIT Commercial Services is a leading provider of factoring services in the United States. We provide credit protection, accounts receivable management services and asset-based lending to manufacturers and importers that sell into retail channels of distribution. cit.com/commercialservices

About CIT

Founded in 1908, CIT (NYSE:CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lendingfactoringretail and equipment finance, as well as aerospaceequipment and rail leasing. CIT’s U.S. bank subsidiary CIT Bank (Member FDIC), BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com

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Contact:

CIT MEDIA RELATIONS:
C. Curtis Ritter, 973-740-5390
Senior Vice President of Corporate Communications
Curt.Ritter@cit.com

or

Matt Klein, 973-597-2020
Vice President, Media Relations
Matt.Klein@cit.com

or

CIT INVESTOR RELATIONS:
Barbara Callahan, 973-740-5058
Senior Vice President
Barbara.Callahan@cit.com

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