CIT Commercial Services is the nation’s largest provider of factoring, accounts receivable management and lending services. It is a business unit of CIT Commercial Finance, one of six operating groups of The CIT Group, Inc.

CIT is a leading, global source of financing and leasing capital for companies in more than 30 industries. Managing more than $50 billion in assets across a diversified portfolio, CIT is the trusted financial engine empowering many of today’s industry leaders and emerging businesses, offering vendor SME equipment, commercial, factoring, consumer and structured financing capabilities. Founded in 1908, CIT operates extensively in the United States and Canada with strategic locations in Europe, Latin and South America, and the Pacific Rim.

The CIT Group, Bank SinoPac and the Company have signed a Tri-Party agreement to implement the Company’s patent pending Global Financial Platform to eliminate the need for opening international letters of credit.  The CIT Group has also agreed to work with C-Me to provide its retail partners with additional credit lines to benefit the Global Financial Platform. 

Bank SinoPac is one of the new banks established following the passage of the banking regulation amendment in 1989 by the Taiwan government. After almost two years of preparation, the business officially commenced on January 28, 1992. Equipped with years of working experience at foreign banks, the management of Bank SinoPac is renowned for its international vision, banking expertise, innovative managerial philosophy, and effective development strategies.

        Presently, Bank SinoPac possesses nearly 40 branches in Taiwan and three overseas offices, excluding SinoPac Capital Ltd. (HK), and the thirteen branches of Far East National Bank (USA). Besides general commercial banking services, it also provides special banking services such as fund raising, asset management, securities trading, financial derivatives, and factoring. 

Innovative Financing