CIT Northbridge Credit Provides $75 Million Credit Facility to International Food Distribution Company
November 25, 2025
Source: CIT Northbridge Credit
NEW YORK — Nov. 14, 2025 —CIT Northbridge Credit today announced that it has provided a $75 million credit facility to an international food distribution company.
“As we expand our global trading and logistics footprint, we remain committed to delivering high-quality products worldwide,” the company stated. “We value CIT Northbridge’s support in arranging this credit facility which will enable us to pursue new growth opportunities.”
“This company has a longstanding reputation for excellence in merchandising and logistics within key food and agricultural sectors,” said Neal Legan, Business Leader CIT Northbridge Credit. “This latest financing demonstrates our commitment to offering flexible capital solutions that help companies achieve their business goals.”
CIT Northbridge Credit is a trusted financial partner supporting middle-market companies with a broad range of flexible asset-based debt solutions. A joint venture advised by First Citizens Institutional Asset Management, it provides revolving and term loan commitments from $15 million to $150 million to companies across various industries and business cycles, and serves primarily as sole lender, agent, club participant or co-lender.
About CIT Northbridge
CIT Northbridge Credit is a joint venture advised by First Citizens Institutional Asset Management. First Citizens Institutional Asset Management is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not in any way constitute an endorsement by the SEC of an investment adviser’s skill or expertise. Moreover, registration does not imply that a registered adviser has achieved a certain level of skill, competency, sophistication, expertise, or training in providing advisory services to its clients. First Citizens Institutional Asset Management is a wholly owned subsidiary of CIT Loan Corporation, which is in turn a wholly owned subsidiary of First Citizens Bank & Trust Company.
