EX-21.1 41 e42286ex21_1.htm LIST OF SUBSIDIARIES

Exhibit 21.1

CIT GROUP INC. -
Subsidiaries as of December 31, 2010		 Domestic
Jurisdiction		 Country Ownership
Percent
(legal title) *
505 CLO I Blocker Inc. Delaware United States *  100%
505 CLO II Blocker Inc. Delaware United States *  100%
505 CLO III Blocker Inc. Delaware United States *  100%
Aireal Technologies of Harrisburg, LLC Delaware United States 100%
ATMOR Properties Inc. Delaware United States 100%
BD Acquisition LLC Delaware United States 54%
C.I.T. Leasing Corporation Delaware United States 100%
Capita Colombia Holdings Corp. Delaware United States 100%
Capita Corporation Delaware United States 100%
Capita International L.L.C. Delaware United States 100%
Capita Preferred Trust Delaware United States 100%
Capita Premium Corporation Delaware United States 100%
CFHE Funding Company LLC Delaware United States 100%
CIT (UK) Unit Investment Holdings LLC Delaware United States 100%
CIT Asset Management LLC Delaware United States 100%
CIT Broad River LLC Delaware United States 100%
CIT Capital Funding Inc. Delaware United States 100%
CIT Capital Securities LLC Delaware United States 100%
CIT Capital Trust I Delaware United States 100%
CIT Capital USA Inc. Delaware United States 100%
CIT China 12, Inc. Delaware United States 100%
CIT China 13, Inc. Delaware United States 100%
CIT China 3, Inc. Delaware United States 100%
CIT China 6, Inc. Delaware United States 100%
CIT China 7, Inc. Delaware United States 100%
CIT CLO Holding Corporation Delaware United States 100%
CIT CLO I Blocker Inc. Delaware United States *
CIT CLO I LLC Delaware United States *
CIT Commercial Services-Pan Pacific, Ltd. Delaware United States 100%
CIT Communications Finance Corporation Delaware United States 100%
CIT CRE LLC Delaware United States 100%
CIT Credit Finance Corp. Delaware United States 100%
CIT Credit Group USA Inc. Delaware United States 100%
CIT DPA Trust II Delaware United States 100%
CIT Education Loan Trust 2005-1 Delaware United States 100%
CIT Education Loan Trust 2007-1 Delaware United States 100%
CIT Education Loan Trust 2008-BBC Delaware United States 100%
CIT Education Loan Trust 2009-1 Delaware United States 100%
CIT Equipment Collateral 2006-VT2 Delaware United States 100%
CIT Equipment Collateral 2008-VT1 Delaware United States 100%
CIT Equipment Collateral 2009-VT1 Delaware United States 100%
CIT Equipment Collateral 2010-VT1 Delaware United States 100%
CIT Equipment Trust - VFC Series II Delaware United States 100%
CIT Equipment Trust - VFC Series III Delaware United States 100%
CIT Equipment Trust - VFC Series IV Delaware United States 100%
CIT Financial Ltd. of Puerto Rico Delaware United States 100%
CIT Financial USA, Inc. Delaware United States 100%
CIT Funding Company II, LLC Delaware United States 100%
CIT Funding Company III, LLC Delaware United States 100%
CIT Funding Company IV, LLC Delaware United States 100%
CIT Funding Company V, LLC Delaware United States 100%
CIT Funding Company VI, LLC Delaware United States 100%
CIT Funding Company VII, LLC Delaware United States 100%
CIT Funding Company, LLC Delaware United States 100%
CIT Funds LLC Delaware United States 100%

* CIT may not hold majority of legal title but retains some control over entity. 1


CIT GROUP INC. -
Subsidiaries as of December 31, 2010		 Domestic
Jurisdiction		 Country Ownership
Percent
(legal title) *
CIT Group (NJ) LLC Delaware United States 100%
CIT Group Funding Company of Delaware LLC Delaware United States 100%
CIT Group SF Holding Co., Inc. Delaware United States 100%
CIT Healthcare LLC Delaware United States 100%
CIT Home Lending Securitization Company, LLC Delaware United States 100%
CIT Insurance Agency, Inc. Delaware United States 100%
CIT Lending Services Corporation Delaware United States 100%
CIT Lending Services Corporation (Illinois) Delaware United States 100%
CIT Loan Corporation Delaware United States 100%
CIT Lodi LLC Delaware United States 100%
CIT Middle Market Funding Company, LLC Delaware United States 100%
CIT Middle Market Holdings, LLC Delaware United States 100%
CIT Middle Market Loan Partnership Trust I Delaware United States *  100%
CIT Middle Market Loan Partnership Trust II Delaware United States *  100%
CIT Middle Market Loan Partnership Trust III Delaware United States *  100%
CIT Middle Market Loan Trust Delaware United States *  100%
CIT Middle Market Loan Trust I Delaware United States *  100%
CIT Middle Market Loan Trust II Delaware United States *  100%
CIT Middle Market Loan Trust III Delaware United States *  100%
CIT Millbury Inc. Delaware United States 100%
CIT Peakers LLC Delaware United States 100%
CIT Project Finance Manager, L.L.C. Delaware United States 100%
CIT Rail Leasing Trust I Delaware United States 100%
CIT Railcar Funding Company, LLC Delaware United States 100%
CIT Real Estate Holding Corporation Delaware United States 100%
CIT SBL Property Holdings Corporation Delaware United States *  100%
CIT Small Business Lending Corporation Delaware United States 100%
CIT Small Business Loan Trust 2007-1 Delaware United States 100%
CIT Small Business Loan Trust 2008-1 Delaware United States 100%
CIT Technology Financing Services I LLC Delaware United States 100%
CIT Technology Financing Services II LLC Delaware United States 100%
CIT Trade Finance Funding Company, LLC Delaware United States 100%
CLM VII LLC Delaware United States 100%
CLM VIII LLC Delaware United States 100%
CMS Funding Company LLC Delaware United States 100%
Education Funding Capital I, LLC Delaware United States 100%
Education Funding Capital Trust-II Delaware United States 100%
Education Funding Capital Trust-III Delaware United States 100%
Education Funding Capital Trust-IV Delaware United States 100%
Education Funding Resources III, LLC Delaware United States 100%
Education Funding Resources, LLC Delaware United States 100%
Education Lending Services, Inc. Delaware United States 100%
Education Loan Servicing Corporation Delaware United States 100%
FH Transaction Corp. Delaware United States 72%
Flex Asset Management Corporation Delaware United States 100%
Flex Holdings, LLC Delaware United States 72%
Flex Leasing Corporation Delaware United States 100%
Flex Leasing I, LLC Delaware United States 72%
Flex Leasing II, LLC Delaware United States 100%
Flex Mexico Corp. Delaware United States 100%
Franchise Portfolio 1, Inc. Delaware United States 100%
Graybar Financial Services LLC Delaware United States 75%
Imaginarium LLC Delaware United States 100%
Marquis Williamsburg RE Holding LLC Delaware United States 100%
Memphis Peaking Power LLC Delaware United States 100%

* CIT may not hold majority of legal title but retains some control over entity. 2


CIT GROUP INC. -
Subsidiaries as of December 31, 2010		 Domestic
Jurisdiction		 Country Ownership
Percent
(legal title) *
Millennium Leasing Company I LLC Delaware United States 100%
Millennium Leasing Company II LLC Delaware United States 100%
Montana OL1 LLC Delaware United States 100%
Montana OP1 LLC Delaware United States 100%
Montana OPCM1A LLC Delaware United States 100%
Montana OPCM1B LLC Delaware United States 100%
MultiGen LLC Delaware United States 100%
Name ers LLC Delaware United States 100%
NCT Capital Inc. Delaware United States 100%
NCT Receivables LLC Delaware United States 100%
Newcourt Common Holdings LLC Delaware United States 100%
North Romeo Storage Corporation Delaware United States 100%
Sovereign Ventures NNN, LLC Delaware United States 75%
Student Loan Xpress, Inc. Delaware United States 100%
SW Holding Corp. Delaware United States 100%
TCC Attala OL LLC Delaware United States 100%
TCC Attala OP LLC Delaware United States 100%
The CIT GP Corporation II Delaware United States 100%
The CIT GP Corporation III Delaware United States 100%
The CIT GP Corporation V Delaware United States 100%
The CIT Group Securitization Corporation Delaware United States 100%
The CIT Group Securitization Corporation II Delaware United States 100%
The CIT Group Securitization Corporation III Delaware United States 100%
The CIT Group Securitization Corporation IV Delaware United States 100%
The CIT Group/Capital Finance, Inc. Delaware United States 100%
The CIT Group/Capital Transportation, Inc. Delaware United States 100%
The CIT Group/Commercial Services, Inc. (Va.) Delaware United States 100%
The CIT Group/Corporate Aviation, Inc. Delaware United States 100%
The CIT Group/Equipment Financing, Inc. Delaware United States 100%
Waste to Energy II LLC Delaware United States 50%
The CIT GP Corporation Illinois United States 100%
CIT Technology Financing Services, Inc. Massachusetts United States 100%
CIT Technologies Corporation Michigan United States 100%
CIT Insurance Company Limited Missouri United States 100%
The CIT Group/BC Securities Investment, Inc. New Jersey United States 100%
The CIT Group/CmS Securities Investment, Inc. New Jersey United States 100%
The CIT Group/Equity Investments, Inc. New Jersey United States 100%
The CIT Group/FM Securities Investment, Inc. New Jersey United States 100%
The CIT Group/LsC Securities Investment, Inc. New Jersey United States 100%
The CIT Group/Venture Capital, Inc. New Jersey United States 100%
Equipment Acceptance Corporation New York United States 100%
JAM Funding Corp. New York United States 100%
The CIT Group/Business Credit, Inc. New York United States 100%
The CIT Group/Commercial Services, Inc. New York United States 100%
The CIT Group/Consumer Finance, Inc. (NY) New York United States 100%
The CIT Group/Factoring One, Inc. New York United States 100%
CIT Bank Utah United States 100%
The Equipment Insurance Company Vermont United States 100%
CIT Financial de Puerto Rico, Inc. Puerto Rico Puerto Rico 100%
 
CIT Asset Finance (UK) Limited England United Kingdom 100%
CIT Aviation Finance I (UK) Limited England United Kingdom *  10%
CIT Aviation Finance II (UK) Limited England United Kingdom *  10%
CIT Bank Limited England United Kingdom 100%
CIT Capital Aviation (UK) Limited England United Kingdom 100%

* CIT may not hold majority of legal title but retains some control over entity. 3


CIT GROUP INC. -
Subsidiaries as of December 31, 2010		 Domestic
Jurisdiction		 Country Ownership
Percent
(legal title) *
CIT Capital Finance (UK) Limited England United Kingdom  
CIT Commercial (UK) Limited England United Kingdom 100%
CIT Equipment Finance (UK) Limited England United Kingdom 100%
CIT Group (NFL) Limited England United Kingdom 100%
CIT Group (UK) Limited England United Kingdom 100%
CIT Group (UK) Property Limited England United Kingdom 100%
CIT Group (UK) Services Limited England United Kingdom 100%
CIT Group (UK) Vendor Services Limited England United Kingdom 100%
CIT Group Holdings (UK) Limited England United Kingdom 100%
CIT Lease Limited England United Kingdom 100%
CIT Vendor Finance (UK) Limited England United Kingdom 100%
ERF Leasing Limited England United Kingdom 100%
CIT Vendor Finance I Limited Isle of Jersey United Kingdom 100%
 
CIT Group (Taiwan) Limited Taiwan Taiwan 100%
 
CIT Group (Switzerland) AG Switzerland Switzerland 100%
 
CIT Aerospace Sweden AB Sweden Sweden 100%
CIT Group (Nordic) AB Sweden Sweden 100%
 
Newcourt Financial Espana S.A. Spain Spain 100%
 
CIT Aerospace Asia Pte Ltd. Singapore Singapore 100%
CIT Group (Singapore) Pte Ltd Singapore Singapore 100%
CIT Group Capital Finance (Singapore) Pte Ltd. Singapore Singapore 100%
 
Newcourt Financial CIS, LLC Moscow Russian Federation 100%
 
CIT Group (Portugal) - Renting, Lda. Portugal Portugal 100%

 

Newcourt Financial Polska Sp. zo o Poland Poland 100%
 
CIT Funding (Nederland) B.V. Netherlands Netherlands 100%
CIT Group (Nederland) B.V. Netherlands Netherlands 100%
CIT Group Holdings B.V. Netherlands Netherlands 100%
CIT Holdings B.V. Netherlands Netherlands 100%
CIT Transportation Holdings B.V. Netherlands Netherlands 100%
Emerald Funding (Netherlands) C.V. Netherlands Netherlands 100%
Emerald Funding (No. 3) C.V. Netherlands Netherlands 100%
Emerald Holdings C.V. Netherlands Netherlands 100%
 
Arrendadora Capita Corporation, S.A. de C.V. Mexico Mexico 100%
Capita Servicios, S. DE R.L. DE C.V. Mexico Mexico 100%
The Capita Corporation de Mexico, S.A. De C.V. SOFOM, E.N.R. Mexico Mexico 100%
Xerox Leasing de Mexico S. de R.L. de C.V. Mexico Mexico 55%
Capita Funding de México, Sociedad Anónima de
Capital Variable SOFOM ENR		 Mexico, D.F. Mexico 100%
 
CIT International (Malaysia) Sdn. Bhd. Kuala Lumpur Malaysia 100%
CIT Malaysia One, Inc. Labuan Malaysia 100%
 
Chessman S.a.r.l. Luxembourg Luxembourg 100%
CIT Luxembourg Cobblestone Leasing, SARL Luxembourg Luxembourg 100%

* CIT may not hold majority of legal title but retains some control over entity. 4


CIT GROUP INC. -
Subsidiaries as of December 31, 2010		 Domestic
Jurisdiction		 Country Ownership
Percent
(legal title) *
 
CIT Financial (Korea) Limited Seoul Korea, Republic Of 100%
       
CIT Vendor Finance Japan K.K. Japan Japan 100%
 
CIT Group Italy Srl Italy Italy 100%
 
Baliardo Limited Ireland Ireland *
Centennial Aviation (Ireland) 1, Limited Ireland Ireland 100%
Centennial Aviation (Ireland) 6, Limited Ireland Ireland 100%
Centennial Aviation (Ireland) 7, Limited Ireland Ireland 100%
CIT Aerospace International Ireland Ireland 100%
CIT Aerospace International Leasing II Ireland Ireland 100%
CIT Aviation Finance I (Ireland) Limited Ireland Ireland *  10%
CIT Aviation Finance II (Ireland) Limited Ireland Ireland *  10%
CIT Brisk Winds Aircraft Leasing, Limited Ireland Ireland 100%
CIT Capital Finance (Ireland) Limited Ireland Ireland 100%
CIT Emerald Isle Leasing, Limited Ireland Ireland 100%
CIT Finance No. 3 (Ireland) Limited Ireland Ireland 100%
CIT Finance No.1 (Ireland) Limited Ireland Ireland 100%
CIT Finance No.2 (Ireland) Limited Ireland Ireland 100%
CIT Funding (Ireland) Limited Ireland Ireland 100%
CIT Group Finance (Ireland) Ireland Ireland 100%
CIT Holdings (Ireland) Limited Ireland Ireland 100%
CIT Holdings No. 2 (Ireland) Ireland Ireland 100%
Equipment Protection Services (Europe) Limited Ireland Ireland 100%
Flugzeug Limited Ireland Ireland 100%
Jessica Leasing Limited Ireland Ireland *
Madeleine Leasing Limited Ireland Ireland *
 
CIT Group (Hungary) Financial Servicing Limited Liability Company Hungary Hungary 100%
 
CIT Financial (Hong Kong) Limited Hong Kong Hong Kong 100%
The CIT Group/Commercial Services (Asia), Limited Hong Kong Hong Kong 100%
 
CIT Commercial Services (Europe) GmbH Frankfurt am Main Germany
100%
CIT Group Holding (Germany) GmbH Germany Germany 100%
CIT Industrie Bank (Germany) GmbH Germany Germany 100%
CIT Industrie Leasing (Germany) GmbH Germany Germany 100%
CIT Leasing (Germany) GmbH Germany Germany 100%
CIT Technology Finance (Germany) GmbH Germany Germany 100%
 
Centennial Aviation (France) 1, SARL France France 100%
Centennial Aviation (France) 2, SARL France France 100%
CIT (France) SA France France 100%
CIT (France) SAS France France 100%
CIT Aviation Finance I (France) Sarl France France *  10%
CIT Aviation Finance II (France) Sarl France France *  10%
CIT Group Location (France) SAS Nanterre France 100%
 
CIT Capita Colombia S.A. Compañía de Financiamiento Colombia Colombia 100%
CIT Global Vendor Services S.A. Colombia Colombia 100%
 
CIT Finance & Leasing Corporation Bejing China 100%

* CIT may not hold majority of legal title but retains some control over entity. 5


CIT GROUP INC. -
Subsidiaries as of December 31, 2010		 Domestic
Jurisdiction		 Country Ownership
Percent
(legal title) *
       
CIT Leasing Chile Limitada Chile Chile 100%
 
505 CLO I Ltd. Cayman Islands Cayman Islands *
505 CLO II Ltd. Cayman Islands Cayman Islands *
505 CLO III Ltd. Cayman Islands Cayman Islands *
505 CLO IV Ltd. Cayman Islands Cayman Islands *
CIT Cayman Blue Lagoon Leasing, Ltd. Cayman Islands Cayman Islands 100%
CIT Cayman Coconut Palm Leasing, Ltd. Cayman Islands Cayman Islands 100%
CIT Cayman Sandy Keys Leasing, Ltd. Cayman Islands Cayman Islands 100%
CIT CLO Holdings II, Ltd. Cayman Islands Cayman Islands 100%
CIT CLO Holdings, Ltd. Cayman Islands Cayman Islands 100%
CIT CLO I Ltd. Cayman Islands Cayman Islands *
CIT SBL 2008-1, Ltd. Cayman Islands Cayman Islands *  100%
CIT SBL Holdings, Ltd. Cayman Islands Cayman Islands *  100%
CIT SLX Issuer Holdings, Ltd. Cayman Islands Cayman Islands *  100%
CIT SLX Residual Holdings, Ltd. Cayman Islands Cayman Islands 100%
 
544211 Alberta Ltd. Alberta Canada 100%
555565 Alberta Ltd. Alberta Canada 100%
555566 Alberta Ltd. Alberta Canada 100%
991102 Alberta Ltd. Alberta Canada 100%
CIT Canada Funding ULC Services Financiers CIT Du Canada ULC Alberta Canada 100%
CIT Financial (Alberta) ULC Services Financiers CIT (Alberta) ULC Alberta Canada 100%
CIT Holdings Canada ULC Alberta Canada 100%
3068234 Canada Inc. Federal Canada 100%
3918041 Canada Inc. Federal Canada 100%
CIT Canada Equipment Receivables Trust Federal Canada 100%
CIT Canada Equipment Receivables Trust II Federal Canada 100%
CIT Mezzanine Partners of Canada Limited Federal Canada 100%
1143986 Ontario Limited Ontario Canada 50%
1243029 Ontario Inc. Ontario Canada 50%
1244771 Ontario Limited Ontario Canada 100%
1309673 Ontario Inc. Ontario Canada 50%
1641964 Ontario Limited Ontario Canada 100%
Capita Canadian Trust Ontario Canada 100%
CIT Canadian Funding Trust Ontario Canada 100%
CIT Canadian VFN Trust Ontario Canada 100%
CIT Financial Ltd./Services Financiers CIT Ltee. Ontario Canada 100%
CIT Group Securities (Canada) Inc. Ontario Canada 64%
Dell Financial Services Canada Limited/Services
Financiers Dell Canada Limitee		 Ontario Canada 100%
 
Banco Commercial Investment Trust do Brasil S.A. - Banco Múltiplo Brazil Brazil 100%
The Capita Corporation do Brasil Ltda Brazil Brazil 100%
 
Bunga Bebaru, Ltd. Bermuda Bermuda 100%
Centennial Aviation (Bermuda) 1, Ltd. Bermuda Bermuda 100%
CIT Aviation Finance I Ltd. Bermuda Bermuda *  10%
CIT Aviation Finance II Ltd. Bermuda Bermuda *  10%
CIT Aviation Note Purchasing Ltd. Bermuda Bermuda 100%
CIT Financial (Bermuda) Limited Bermuda Bermuda 100%

* CIT may not hold majority of legal title but retains some control over entity. 6


CIT GROUP INC. -
Subsidiaries as of December 31, 2010		 Domestic
Jurisdiction		 Country Ownership
Percent
(legal title) *
CIT FSC Eight, Ltd. Bermuda Bermuda 100%
CIT FSC Eighteen, Ltd. Bermuda Bermuda 100%
CIT FSC Four, Ltd. Bermuda Bermuda 100%
CIT FSC Nine, Ltd. Bermuda Bermuda 100%
CIT FSC Nineteen, Ltd. Bermuda Bermuda 100%
CIT FSC Six, Ltd. Bermuda Bermuda 100%
CIT FSC Sixteen, Ltd. Bermuda Bermuda 100%
CIT FSC Ten, Ltd. Bermuda Bermuda 100%
CIT FSC Thirty, Ltd. Bermuda Bermuda 100%
CIT FSC Three,Ltd. Bermuda Bermuda 100%
CIT FSC Twelve, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-Eight, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-Five, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-Four, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-Nine, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-One, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-Seven, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-Six, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-Three, Ltd. Bermuda Bermuda 100%
CIT FSC Twenty-Two, Ltd. Bermuda Bermuda 100%
CIT FSC Two, Ltd. Bermuda Bermuda 100%
CIT Leasing (Bermuda), Ltd. Bermuda Bermuda 100%
CIT Vendor Finance Note Purchasing, Ltd. Bermuda Bermuda 100%
 
CIT Aerospace, Belgium Sprl Belgium Belgium 100%
CIT Group (Belgium) NV Belgium Belgium 100%
 
Adams Capital Limited Barbados Barbados 64%
Barrow Capital Limited Barbados Barbados 64%
CCG Trust Corporation Barbados Barbados 64%
CIT Financial (Barbados) SRL Barbados Barbados 100%
CIT Financial II (Barbados) Srl Barbados Barbados 100%
CIT Funding (Barbados) SRL Barbados Barbados 100%
Cummins Capital Limited Barbados Barbados 64%
Durham Capital Limited Barbados Barbados 64%
Erie Capital Limited Barbados Barbados 64%
Essex Capital Limited Barbados Barbados 100%
Frontenac Capital Limited Barbados Barbados 64%
Grey Capital Limited Barbados Barbados 64%
Ironbridge Capital Limited Barbados Barbados 64%
CIT Holdings (Barbados) SRL Barbados Barbados 100%
Wellington Capital Corporation Barbados Barbados 100%
Worrell Capital Limited Barbados Barbados 100%
 
CIT Group (Austria) GmbH Vienna Austria 100%
 
CIT Aerospace (Australia) Pty Ltd Australia Australia 100%
CIT Aerospace Holdings (Australia) Pty Ltd Australia Australia 100%
CIT Aerospace International (Australia) Pty Ltd. Victoria Australia 100%
 
CIT Aerospace International (Aruba) A.V.V. Aruba Aruba 100%
 
CIT Leasing de Argentina S.R.L. Argentina Argentina 100%

* CIT may not hold majority of legal title but retains some control over entity. 7