Under the terms of the exclusive agreement, CIT Vendor Finance will provide financing to Gandinnovations customers throughout North America, Latin America, Europe and Asia Pacific.
Kris Snow, co-president of CIT Global Vendor Finance, said: We welcome the opportunity to partner with Gandinnovations in providing its customers with financing solutions that will help them grow their business. Gandinnovations operations are directly aligned with our global business capabilities and these synergies will offer both organizations tremendous growth opportunities.
James Gandy, CEO and chairman of Gandinnovations, added: We are pleased to announce our relationship with CIT. Their innovative financing capabilities will provide our customers additional resources and allow them to focus on growing their businesses. At the same time, this relationship will allow us to invest in the future of our products and focus on our continued international expansion.
