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Global President, CIT Vendor Finance
Ron Arrington is Global President of CIT Vendor Finance, a business with over $6.5 billion in assets operating in more than 20 countries. Vendor Finance partners with manufacturers, distributors and resellers in various markets including technology, office products and telecommunications to help them sell more products and services by providing leasing and financing solutions to their customers. He is focused on structures ranging from joint ventures and virtual joint ventures to program agreements, and on providing innovative tools and essential use equipment for end user customers. Arrington has 25 years of experience in providing intermediary financing for both commercial and consumer markets.
Areas of expertise:
* Vendor finance programs and partnerships
* Equipment leasing
* Software financing
* Maximizing vendor sales
* Managed services structuring and financing
* Utilizing technology as an enabler
Previously at CIT, Arrington was President of Vendor Americas and President of US Vendor where he was responsible for vendor and direct markets of technology and office product segments in those geographies. Before this, he was President of Office and Technology Finance and Consumer Financial Services, which included CIT Bank.
Arrington received a BS in Management from East Carolina University.
