CIT, MAGE SOLAR Enter Vendor Finance Deal

CIT Group Inc., a provider of financing to small businesses and middle-market companies, says CIT Vendor Finance and MAGE SOLAR USA, a provider of residential, public and commercial solar energy systems, have entered into a vendor finance relationship.

Under the terms of the agreement, the two companies have established a program that will offer a source of financing to installers and commercial end-user customers of MAGE SOLAR's photovoltaic systems.

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