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Wire · operational-macro

First Citizens Bank Introduces Working Capital Finance Group

Published

5 August 2026

Topic

operational-macro

Sectors

Fintech

Geography

United States

Source

Read at abfjournal.com

Verified

Fusion42 · 31 August 2026 · Fusion42 review

First Citizens Bank is consolidating its factoring, asset-based lending, supply chain finance, international factoring, and receivables purchasing businesses into a single Working Capital Finance group, rebranding from CIT Commercial Services and expanding its suite of cash flow and treasury solutions to better serve middle market consumer companies starting Q4 2026.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

You gain a new front door to cash flow financing as First Citizens Bank consolidates solutions into a dedicated working capital group. Tailor your offers to match expanded financing and treasury services aimed at middle market consumer companies.

Coverage

1 source · 5 Aug 2026

Related on Wire

Topics

Fintechworking-capitalfactoringasset-based-lendingsupply-chain-financerebranding