CIT, a department of First Citizens Bank, introduced that its Maritime Finance service has actually just recently enhanced its funding of delivery and also logistics business Crowley to a total amount of $57 million as component of a bigger credit report center. This funding puts on numerous Crowley vessels.
“Crowley has a heritage of reliable shipping of more than 130 years, and this financing will help continue that safe and reliable service with a focus on innovation,” stated Vice President and also Treasurer Steve Himes ofCrowley “We appreciated CIT’s willingness to increase its financing for our vessels.”
“Crowley is widely respected throughout the maritime industry for its expertise and performance,” stated Evan Cohen, handling supervisor and also team head ofMaritime Finance “We were pleased to extend our financing arrangements with Crowley and look forward to continuing our relationship in the future.”
