CIT Group is to work with computer developer and supplier Lenovo
to form a new financial services provider.
Lenovo Financial Services (LFS) is to provide a range of
leasing, financing and vendor finance programmes for Lenovo’s
business partners and customers.
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LFS will focus on business in the US and Canada, but will also
include Lenovo’s large enterprise and global customers.
CIT will offer operational support and the new venture is set to
be rolled out on 1 June.
Claire Hack
GlobalData Strategic Intelligence
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