Wire · operational-macro
First Citizens Bank Introduces Working Capital Finance Group
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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.
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1 source · 5 Aug 2026
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