CIT Equipment Finance Reaches Financing Agreement with Sany America

CIT Equipment Finance has reached a financing arrangement with Sany America, a global manufacturer and seller of construction and material-handling equipment. CIT will be the preferred provider of financing for Sany, and offer rental fleet and retail financing solutions tailored to the specific needs of Sany resellers and customers.

“We’re pleased to have been selected by Sany America to support their growth initiatives,” said Nick Small, managing director of CIT Equipment Finance U.S. “We look forward to assisting Sany in making it easy and affordable for dealers to acquire equipment for their rental programs and for customers to finance their Sany purchases.”

“CIT provides a very compelling value proposition for our customers and partners,” added Eric Teague, senior vice president of Sany America.

Sany manufactures crawler, truck, rough-terrain and all-terrain cranes; concrete machines (concrete pumps, placing booms, mixer trucks and batching plants), port equipment (container reach stackers, empty-container handlers, heavy forklifts and gantry cranes), excavators, mining equipment, pile-driving machinery and wind turbines.