Corporate Finance Executive
CIT provides lending, leasing and treasury management services to small and middle market businesses and the transportation sector. After 100 years, financing remains at the heart of our company. We value meaningful, long-standing relationships with our clients. Learn more about why companies choose us.
Burt Feinberg has extensive experience in corporate finance, direct lending, asset based lending, leveraged finance, retail finance, equipment finance/leasing, maritime, aerospace, financial services and restaurant lending. He has been involved in several billion dollars’ worth of financings in numerous industries. In addition to managing new business activities, he has also managed workouts and securitizations. He is currently Managing Director of Asset Based and Fund/BDC/Specialty Lender Finance at Apple Bank, a new Bank initiative. He served as a consultant to boutique investment banks in placing debt and equity and is currently an advisor to large financial institutions/asset managers with respect to new business initiatives. Feinberg also serves as a Director of Accord Financial Corp., a Toronto Stock Exchange Listed Company. Feinberg previously served as Managing Director and Group Head of CIT Commercial & Industrial with responsibility for CIT's Asset Based Lending Group, Retail Finance Group, Financial Services Group, Maritime Finance Group and Aerospace and Defense Group. He restarted the large ticket equipment finance business and was a co-founder and the managing member of the CIT Northbridge JV with All State Insurance. These businesses provide asset based, asset backed and cash flow solutions to borrowers in these sectors including acquisition financing for equity sponsors, refinancing and growth financing, as well as DIP and exit facilities to companies in turnaround situations. Prior to CIT, Feinberg spent seven years with FINOVA Capital Corp., holding various management positions, most recently as business head of FINOVA’s Commercial Equipment Finance and Restaurant/Franchise Lending Divisions. During his last two years at FINOVA, he worked directly for Leucadia National Corporation and Berkshire Hathaway (collectively “Berkadia”), FINOVA’s managing investor, in overseeing a combined loan portfolio of $1.8 billion, which he successfully liquidated in connection with FINOVA’s reorganization. Mr. Feinberg began his banking career at Chemical Bank He holds an MBA in Finance from the NYU Stern Business School and a BA from Binghamton University Specialties: Retail Industry I Restaurant Industry I Cash-flow Financing I Asset-based Financing I Distressed/Turnaround Financing I Acquisition Financing I Debtor-in-Possession Financing I Equipment Finance/Leasing I Maritime and Aerospace Finance
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