CIT Direct Capital Review

Learn more about CIT Direct Capital equipment financing. Includes loan rates and terms, key information, and frequently asked questions.

Updated on October 5th, 2021

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CIT Direct Capital is an equipment financing company that provides a range of financing options to small business owners at competitive interest rates. CIT Direct Capital is a division of CIT Group Inc., headquartered in Portsmouth, New Hampshire.

Loan Rates and Terms:

Loan Amount

Interest Rates


Up to $500,000

As low as 5.49%

6 – 72 months

CIT Direct Capital

Pros: Easy application process with fast approval and funding. Reasonable interest rates.

Cons: Applicants need to be in business for 2 years and have a credit score of 680+.

Bottomline: CIT Direct Capital offers flexible terms and repayment options to meet your business's equipment financing needs.

Key Information:

Legal Name

CIT Group Inc.


Henry Ittleson

Founding Date

Feb 11, 1908


11 West 42nd St., New York, New York

Number of Employees


Number of Customers




1 (800) 253-0157



Is Direct Capital Group legit?

Yes, CIT Direct Capital is a division of CIT Group Inc.

What equipment financing options does CIT Direct Capital offer?

  • $1 Buyout: Available as a lease or an Equipment Financing Agreement (EFA).
  • Fair Market Value: Get a lower lease payment. At the end of the term, purchase the equipment or return it.
  • Net Terms: Buy now and pay later with financing for 30, 60, or 90 days.

How do I apply for equipment financing with CIT Direct Capital?

You can apply online or by calling 1 (866) 777-0117.

Does CIT Direct Capital finance used equipment?

Yes, CIT Direct Capital provides financing for both new and used equipment.

What are some CIT Direct Capital alternatives?