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News Stories (4 Results) - Marine

CIT Group's Maritime Finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk Holdings, a leading dry bulk shipping operator, will use the loan to refinance existing debt on its fleet of seven... Read Story
June 25, 2021, 07:52 AM


CIT Group's Maritime Finance business served as sole lead arranger on a $22 million financing for a portfolio of five container ships.The financing was arranged on behalf of Madison Marine Corp., which is partially refinancing debt on five 4,000-TEU... Read Story
May 11, 2021, 07:22 AM


When a southeastern private equity company sought refinancing for one of their portfolio companies, they set sail towards Republic Business Credit due to a previous successful client experience. With the cyclical and large project nature of the... Read Story
October 17, 2016, 07:34 AM


Nearly 80 percent of marine industry participants expect sales to increase between five and ten percent this year, according to survey results released today by GE Capital, Commercial Distribution Finance (CDF). That’s up from 54 percent who expected... Read Story
February 26, 2015, 07:33 AM