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CIT and LF USA expand factoring relationship

31 March 2010

CIT and Li& Fung’s US subsidiary have expanded their factoring relationship, substantially increasing CIT Trade Finance’s annual factored volume.

Read more: CIT CIT factoring LF USA Li & Fung CIT Trade Finance

SME lender CIT Group has expanded its factoring relationship with LF USA, a subsidiary of Li & Fung, the world's leading consumer goods supply chain management company.

The expanded relationship now includes LF USA's Wear Me Apparel, which conducts business as Kids Headquarters, a leading designer, marketer, and seller of young...


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