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CIT Receives 2017 Operations And Technology Excellence AwardPORTSMOUTH, N.H., July 25, 2017 /PRNewswire/ -- CIT Group Inc.'s (NYSE: CIT) digital small business lending business Direct Capital1 today announced it has been awarded the Equipment Leasing and Finance Association's (ELFA) 2017 Operations and Technology Excellence Award. CIT Direct Capital is being recognized by ELFA for creating a business financing solution for a leading technology client that enables small business customers to shop for technology products online and complete the entire finance process typically in less than 30 minutes. "We are proud to be recognized by ELFA for creating this innovative digital solution," said Steve Lankler, head of CIT's Digital Small Business Solutions. "This award is a great endorsement of our commitment to transforming the finance experience for our clients and the small businesses that they serve." The Operations and Technology Excellence Award identifies and recognizes equipment leasing and finance companies that have demonstrated best practices in developing and implementing innovative uses of technology or creative business processes to improve operations, enhance customer interactions, enter new markets and build overall ROI. "We congratulate all of our award applicants, who are a testament to the technology innovation underway in the equipment finance industry," said ELFA President and CEO Ralph Petta. The winners wer selected by a subcommittee of ELFA members and will be showcased during ELFA's Operations and Technology Conference, September 11-13 in Charlotte, N.C. About CIT For more information visit cit.com. View our corporate video and follow us on Twitter, LinkedIn, YouTube and Facebook. Register to receive press releases at cit.mediaroom.com/email-alerts. About ELFA CIT MEDIA RELATIONS: © 2017 CIT Group Inc. All rights reserved. CIT and its logo is a registered trademark of CIT Group Inc. 1 CIT and Direct Capital are registered trademarks of CIT Group Inc. and CIT Bank, N.A. Direct Capital is a division of CIT Bank, N.A., member FDIC. View original content:http://www.prnewswire.com/news-releases/cit-receives-2017-operations-and-technology-excellence-award-300493718.html SOURCE CIT Group Inc. |