CIT Group has entered a partnership with BT Group, under its private label programme Avaya Financial Services (AFS).

The deal means CIT will provide financing for BT businesses, including BT Retail, Global Services and Wholesale, as well as the group’s BT Local Business network of 40 independent companies across the UK.

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Rich Green, president of CIT Europe, said the deal set up "an exciting new partnership which will enable BT to offer a wider range of financing options and services to their customers".

Declan McGlone, general manager at BT Finance Leasing, said: "CIT has a proven track record of delivering high quality products and services within the technology sector and we look forward to growing this opportunity together."

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