EXHIBIT 21.1

CIT GROUP INC. - Subsidiaries as of December 31, 2009	Jurisdiction of Incorporation	Ownership Percentage
Aireal Technologies of Harrisburg, LLC	U.S.-DE	100	%
AlphaGen Power LLC	U.S.-DE	100	%
ATMOR Properties Inc.	U.S.-DE	100	%
Baffin Shipping Co., Inc.	U.S.-DE	100	%
Broad River OL-1 LLC	U.S.-DE	100	%
Broad River OL-2 LLC	U.S.-DE	100	%
Broad River OL-3 LLC	U.S.-DE	100	%
Broad River OL-4 LLC	U.S.-DE	100	%
BRSP, LLC	U.S.-DE	100	%
C.I.T. Leasing Corporation	U.S.-DE	100	%
Capita Colombia Holdings Corp.	U.S.-DE	100	%
Capita Corporation	U.S.-DE	100	%
Capita International L.L.C.	U.S.-DE	100	%
Capita Premium Corporation	U.S.-DE	100	%
Capital Syndication Corporation	U.S.-DE	100	%
CFHE Funding Company LLC	U.S.-DE	100	%
CIT (UK) Unit Investment Holdings LLC	U.S.-DE	100	%
CIT Asset Management LLC	U.S.-DE	100	%
CIT Broad River LLC	U.S.-DE	100	%
CIT Capital Funding Inc.	U.S.-DE	100	%
CIT Capital Securities LLC	U.S.-DE	100	%
CIT Capital USA Inc.	U.S.-DE	100	%
CIT China 12, Inc.	U.S.-DE	100	%
CIT China 13, Inc.	U.S.-DE	100	%
CIT China 2, Inc.	U.S.-DE	100	%
CIT China 3, Inc.	U.S.-DE	100	%
CIT China 6, Inc.	U.S.-DE	100	%
CIT China 7, Inc.	U.S.-DE	100	%
CIT CLO Holding Corporation	U.S.-DE	100	%
CIT Commercial Real Estate Brokerage LLC	U.S.-DE	100	%
CIT Commercial Services-Pan Pacific, Ltd.	U.S.-DE	100	%
CIT Communications Finance Corporation	U.S.-DE	100	%
CIT CRE LLC	U.S.-DE	100	%
CIT Credit Finance Corp.	U.S.-DE	100	%
CIT Credit Group USA Inc.	U.S.-DE	100	%
CIT DCC Inc.	U.S.-DE	100	%
CIT Destin White Sands Aircraft Leasing, Inc.	U.S.-DE	100	%
CIT DFS Inc.	U.S.-DE	100	%
CIT Education Loan Trust 2008-BBC	U.S.-DE	100	%
CIT Financial Ltd. of Puerto Rico	U.S.-DE	100	%
CIT Financial USA, Inc.	U.S.-DE	100	%
CIT Funding Company II, LLC	U.S.-DE	100	%
CIT Funding Company III, LLC	U.S.-DE	100	%
CIT Funding Company IV, LLC	U.S.-DE	100	%
CIT Funding Company V, LLC	U.S.-DE	100	%
CIT Funding Company VI, LLC	U.S.-DE	100	%
CIT Funding Company VII, LLC	U.S.-DE	100	%
CIT Funding Company VIII, LLC	U.S.-DE	100	%
CIT Funding Company, LLC	U.S.-DE	100	%

CIT Funding Mexico LLC	U.S.-DE	100	%
CIT Funds LLC	U.S.-DE	100	%
CIT Group (NJ) LLC	U.S.-DE	100	%
CIT Group Funding Company of Delaware LLC	U.S.-DE	100	%
CIT Group SF Holding Co., Inc.	U.S.-DE	100	%
CIT Healthcare LLC	U.S.-DE	100	%
CIT Home Lending Securitization Company, LLC	U.S.-DE	100	%
CIT Insurance Agency, Inc.	U.S.-DE	100	%
CIT Lending Services Corporation	U.S.-DE	100	%
CIT Lending Services Corporation (Illinois)	U.S.-DE	100	%
CIT Loan Corporation	U.S.-DE	100	%
CIT Lodi LLC	U.S.-DE	100	%
CIT Middle Market Funding Company, llc	U.S.-DE	100	%
CIT Middle Market Holdings, LLC	U.S.-DE	100	%
CIT Millbury Inc.	U.S.-DE	100	%
CIT Peakers LLC	U.S.-DE	100	%
CIT Project Finance Manager, L.L.C.	U.S.-DE	100	%
CIT Real Estate Holding Corporation	U.S.-DE	100	%
CIT Realty LLC	U.S.-DE	100	%
CIT SBL Property Holdings Corporation	U.S.-DE	100	%
CIT Small Business Lending Corporation	U.S.-DE	100	%
CIT Technology Financing Services I LLC	U.S.-DE	100	%
CIT Technology Financing Services II LLC	U.S.-DE	100	%
CLM VII LLC	U.S.-DE	100	%
CLM VIII LLC	U.S.-DE	100	%
CMS Funding Company LLC	U.S.-DE	100	%
Education Funding Capital I, LLC	U.S.-DE	100	%
Education Funding Resources II, LLC	U.S.-DE	100	%
Education Funding Resources III, LLC	U.S.-DE	100	%
Education Funding Resources, LLC	U.S.-DE	100	%
Education Lending Services, Inc.	U.S.-DE	100	%
Education Loan Servicing Corporation	U.S.-DE	100	%
Equipment Acceptance Corporation	U.S.-DE	100	%
FH Transaction Corp.	U.S.-DE	72.30	%
Flex Asset Management Corporation	U.S.-DE	100	%
Flex Holdings, LLC	U.S.-DE	72.30	%
Flex Leasing Corporation	U.S.-DE	100	%
Flex Leasing I, LLC	U.S.-DE	72.30	%
Flex Leasing II, LLC	U.S.-DE	100	%
Flex Mexico Corp.	U.S.-DE	100	%
Franchise Portfolio 1, Inc.	U.S.-DE	100	%
Franchise Portfolio 2, Inc.	U.S.-DE	100	%
GFSC Aircraft Acquisition Financing Corporation	U.S.-DE	100	%
Graybar Financial Services, LLC	U.S.-DE	75	%
Hudson Shipping Co., Inc.	U.S.-DE	100	%
Jam Funding Corp.	U.S.-DE	100	%
Marquis Williamsburg RE Holding LLC	U.S.-DE	100	%
Memphis Peaking Power LLC	U.S.-DE	100	%
Millenium Leasing Company I, LLC [jv]	U.S.-DE	100	%
Millennium Leasing Company II LLC	U.S.-DE	100	%
Montana OL1 LLC	U.S.-DE	100	%
Montana OP1 LLC	U.S.-DE	100	%
Montana OPCM1A LLC	U.S.-DE	100	%
Montana OPCM1B LLC	U.S.-DE	100	%

2

MultiGen LLC	U.S.-DE	100	%
Namekeepers LLC	U.S.-DE	100	%
NCT Capital Inc.	U.S.-DE	100	%
NCT Receivables LLC	U.S.-DE	100	%
New Broad River, LLC	U.S.-DE	50	%
Newcourt Common Holdings LLC	U.S.-DE	100	%
Nobrega Gas Storage LLC	U.S.-DE	100	%
North American Exchange, Inc.	U.S.-DE	100	%
North Romeo Storage Corporation	U.S.-DE	100	%
Owner-Operator Finance Company	U.S.-DE	100	%
Pasadena Owner Participant LP	U.S.-DE	100	%
RockGen OL-1 LLC	U.S.-DE	100	%
RockGen OL-2 LLC	U.S.-DE	100	%
RockGen OL-3 LLC	U.S.-DE	100	%
RockGen OL-4 LLC	U.S.-DE	100	%
SBR OP-1, LLC	U.S.-DE	100	%
SBR OP-2, LLC	U.S.-DE	100	%
SBR OP-3, LLC	U.S.-DE	100	%
SBR OP-4, LLC	U.S.-DE	100	%
South Point OL-1 LLC	U.S.-DE	100	%
South Point OL-2 LLC	U.S.-DE	100	%
South Point OL-3 LLC	U.S.-DE	100	%
South Point OL-4 LLC	U.S.-DE	100	%
Sovereign AC, LLC	U.S.-DE	75	%
Sovereign ACII, LLC	U.S.-DE	75	%
Sovereign BP, LLC	U.S.-DE	75	%
Sovereign BW, LLC	U.S.-DE	75	%
Sovereign FT, LLC	U.S.-DE	75	%
Sovereign JCS, LLC	U.S.-DE	75	%
Sovereign JCSII, LLC	U.S.-DE	75	%
Sovereign JO, LLC	U.S.-DE	75	%
Sovereign LS, LLC	U.S.-DE	75	%
Sovereign LSII, LLC	U.S.-DE	75	%
Sovereign LSIII, LLC	U.S.-DE	75	%
Sovereign SP, LLC	U.S.-DE	75	%
Sovereign Ventures NNN, LLC	U.S.-DE	75	%
Sovereign WW, LLC	U.S.-DE	75	%
Sovereign WWII, LLC	U.S.-DE	75	%
Student Loan Xpress, Inc.	U.S.-DE	100	%
SW Holding Corp.	U.S.-DE	100	%
TCC Attala OL LLC	U.S.-DE	100	%
TCC Attala OP LLC	U.S.-DE	100	%
The CIT GP Corporation II	U.S.-DE	100	%
The CIT GP Corporation III	U.S.-DE	100	%
The CIT GP Corporation V	U.S.-DE	100	%
The CIT Group Securitization Corporation	U.S.-DE	100	%
The CIT Group Securitization Corporation II	U.S.-DE	100	%
The CIT Group Securitization Corporation III	U.S.-DE	100	%
The CIT Group Securitization Corporation IV	U.S.-DE	100	%
The CIT Group/Capital Finance, Inc.	U.S.-DE	100	%
The CIT Group/Capital Transportation, Inc.	U.S.-DE	100	%
The CIT Group/Commercial Services, Inc. (Va.)	U.S.-DE	100	%
The CIT Group/Consumer Finance, Inc.(TN)	U.S.-DE	100	%
The CIT Group/Corporate Aviation, Inc.	U.S.-DE	100	%

3

The CIT Group/Equipment Financing, Inc.	U.S.-DE	100	%
The CIT Group/Securities Investment, Inc.	U.S.-DE	100	%
Waste to Energy II LLC	U.S.-DE	50	%
Western Star Finance, Inc.	U.S.-DE	100	%
The CIT GP Corporation	U.S.-IL	100	%
CIT Technology Financing Services, Inc.	U.S.-MA	100	%
CIT Blue Water Haas Drive, LLC	U.S.-MI	100	%
CIT Technologies Corporation	U.S.-MI	100	%
Edgeview LLC	U.S.-NC	100	%
The CIT Group/BC Securities Investment, Inc.	U.S.-NJ	100	%
The CIT Group/CmS Securities Investment, Inc.	U.S.-NJ	100	%
The CIT Group/Equity Investments, Inc.	U.S.-NJ	100	%
The CIT Group/FM Securities Investment, Inc.	U.S.-NJ	100	%
The CIT Group/LsC Securities Investment, Inc.	U.S.-NJ	100	%
The CIT Group/Venture Capital, Inc.	U.S.-NJ	100	%
The CIT Group Foundation, Inc. [Not-for-profit]	U.S.-NY	100	%
The CIT Group/Business Credit, Inc.	U.S.-NY	100	%
The CIT Group/Commercial Services, Inc.	U.S.-NY	100	%
The CIT Group/Consumer Finance, Inc.(NY)	U.S.-NY	100	%
The CIT Group/Factoring One, Inc.	U.S.-NY	100	%
The Education Lending Group Foundation (not-for-profit)	U.S.-OH	100	%
CIT Bank	U.S.-UT	100	%
The Equipment Insurance Company	U.S.-VT	100	%
3068234 Canada Inc.	Canada	100	%
3918041 Canada Inc.	Canada	100	%
CIT Business Credit Canada Inc.	Canada	50	%
CIT Mezzanine Partners of Canada Limited	Canada	100	%
Groupe Financier Laplante (1997) Inc.	Canada	50	%
Image Financial Services Inc. [jv]	Canada	50	%
544211 Alberta Ltd.	Can-Alb	100	%
555565 Alberta Ltd.	Can-Alb	100	%
555566 Alberta Ltd.	Can-Alb	100	%
991102 Alberta Ltd.	Can-Alb	100	%
991122 Alberta Ltd.	Can-Alb	100	%
Canadian Income Partners I LP	Can-Alb	100	%
Canadian Income Partners II LP	Can-Alb	100	%
Canadian Income Partners III LP	Can-Alb	100	%
CIT Canada Funding ULC	Can-Alb	100	%
CIT Financial (Alberta) ULC	Can-Alb	100	%
CIT Holdings Canada ULC	Can-Alb	100	%
1143986 Ontario Limited	Can-Ont	100	%
1243029 Ontario Inc.	Can-Ont	100	%
1244771 Ontario Limited	Can-Ont	100	%
1309673 Ontario Limited	Can-Ont	100	%
1641964 Ontario Limited	Can-Ont	100	%
CIT Financial Ltd.	Can-Ont	100	%
CIT Group Securities (Canada) Inc.	Can-Ont	63.43	%
Dell Financial Services Canada Limited	Can-Ont	100	%
CIT Aerospace International (Aruba) A.V.V.	Aruba	100	%
CIT Aerospace (Australia) Pty Ltd.	Australia	100	%

4

CIT Aerospace Holdings (Australia) Pty Ltd.	Australia	100	%
CIT Aerospace International (Australia) Pty Ltd.	Australia	100	%
CIT Credit Pty Limited	Australia	100	%
CIT Funding Pty Limited	Australia	100	%
CIT Group (Australia) Limited	Australia	100	%
Equipment Rental Billing Services Pty Ltd.	Australia	100	%
Hunter Leasing Limited	Australia	100	%
Newcourt Financial (Australia) Pty Limited	Australia	100	%
CIT Group (Austria) GmbH	Austria	100	%
Adams Capital Limited	Barbados	63.43	%
Barrow Capital Limited	Barbados	63.43	%
CCG Trust Corporation	Barbados	63.43	%
CIT Financial (Barbados) Srl	Barbados	100	%
CIT Financial II (Barbados) Srl	Barbados	100	%
CIT Funding (Barbados) Srl	Barbados	100	%
CIT Holdings (Barbados) SRL	Barbados	100	%
Cummins Capital Limited	Barbados	63.43	%
Durham Capital Limited	Barbados	63.43	%
Erie Capital Limited	Barbados	63.43	%
Essex Capital Limited	Barbados	63.43	%
Frontenac Capital Limited	Barbados	63.43	%
Grey Capital Limited	Barbados	63.43	%
Ironbridge Capital Limited	Barbados	63.43	%
Wellington Capital Corporation	Barbados	100	%
Worrell Capital Limited	Barbados	100	%
CIT Aerospace, Belgium Sprl	Belgium	100	%
CIT Group (Belgium) NV	Belgium	100	%
Bunga Bebaru, Ltd.	Bermuda	100	%
Centennial Aviation (Bermuda) 1, Ltd.	Bermuda	100	%
CIT Aviation Finance I Ltd. (100% economic interest)	Bermuda	10	%
CIT Aviation Finance II Ltd. (100% economic interest)	Bermuda	10	%
CIT Aviation Note Purchasing Ltd.	Bermuda	100	%
CIT Financial (Bermuda) Limited	Bermuda	100	%
CIT FSC Eight, Ltd.	Bermuda	100	%
CIT FSC Eighteen, Ltd.	Bermuda	100	%
CIT FSC Four, Ltd.	Bermuda	100	%
CIT FSC Nine, Ltd.	Bermuda	100	%
CIT FSC Nineteen, Ltd.	Bermuda	100	%
CIT FSC Six, Ltd.	Bermuda	100	%
CIT FSC Sixteen, Ltd.	Bermuda	100	%
CIT FSC Ten, Ltd.	Bermuda	100	%
CIT FSC Thirty, Ltd.	Bermuda	100	%
CIT FSC Three, Ltd.	Bermuda	100	%
CIT FSC Twelve, Ltd.	Bermuda	100	%
CIT FSC Twenty, Ltd.	Bermuda	100	%
CIT FSC Twenty-Eight, Ltd.	Bermuda	100	%
CIT FSC Twenty-Five, Ltd.	Bermuda	100	%
CIT FSC Twenty-Four, Ltd.	Bermuda	100	%
CIT FSC Twenty-Nine, Ltd.	Bermuda	100	%
CIT FSC Twenty-One, Ltd.	Bermuda	100	%
CIT FSC Twenty-Seven, Ltd.	Bermuda	100	%

5

CIT FSC Twenty-Six, Ltd.	Bermuda	100	%
CIT FSC Twenty-Three, Ltd.	Bermuda	100	%
CIT FSC Twenty-Two, Ltd.	Bermuda	100	%
CIT FSC Two, Ltd.	Bermuda	100	%
CIT Leasing (Bermuda) Ltd.	Bermuda	100	%
Banco Commercial Investment Trust do Brasil S.A - Banco Multiplo	Brazil	100	%
The Capita Corporation do Brasil Ltda.	Brazil	100	%
CIT Cayman Blue Lagoon Leasing, Ltd.	Cayman Island	100	%
CIT Cayman Coconut Palm Leasing, Ltd.	Cayman Island	100	%
CIT Cayman Sandy Keys Leasing, Ltd.	Cayman Island	100	%
505 CLO I Ltd. (100% economic interest)	Cayman Islands	100	%
505 CLO II Ltd. (100% economic interest)	Cayman Islands	100	%
505 CLO III Ltd. (100% economic interest)	Cayman Islands	100	%
505 CLO IV Ltd.	Cayman Islands	100	%
CIT CLO Holdings II, Ltd.	Cayman Islands	100	%
CIT CLO Holdings, Ltd.	Cayman Islands	100	%
CIT SBL 2008-1, Ltd.	Cayman Islands	100	%
CIT SBL Holdings, Ltd. (100% economic interest)	Cayman Islands	100	%
CIT SLX Issuer Holdings, Ltd.	Cayman Islands	100	%
CIT SLX Residual Holdings, Ltd.	Cayman Islands	100	%
CIT Leasing Chile Ltda.	Chile	100	%
CIT Finance & Leasing Corporation	China (PRC)	100	%
CIT Capita Colombia S.A Compañía de Financiamiento Comercial	Colombia	100	%
CIT Global Vendor Services S.A.	Colombia	100	%
Centennial Aviation (France) 1, Sarl	France	100	%
Centennial Aviation (France) 2, Sarl	France	100	%
CIT (France) S.A.	France	100	%
CIT (France) SAS	France	100	%
CIT Aviation Finance I (France) Sarl (100% economic interest)	France	10	%
CIT Aviation Finance II (France) Sarl (100% economic interest)	France	10	%
CIT Group Location (France) SAS	France	100	%
CIT Commercial Services (Europe) GmbH	Germany	100	%
CIT Group Beteiligungs (Germany) AG i.l.	Germany	100	%
CIT Group Holding (Germany) GmbH	Germany	100	%
CIT Industrie Bank (Germany) GmbH	Germany	100	%
CIT Industrie Leasing (Germany) GmbH	Germany	100	%
CIT Leasing (Germany) GmbH	Germany	100	%
CIT Technology Finance (Germany) GmbH	Germany	100	%
CIT Financial (Hong Kong) Limited	Hong Kong	100	%
The CIT Group/Commercial Services (Asia), Limited	Hong Kong	100	%
CIT Group (Hungary) Financial Servicing Limited Liability Company
(registered short name:CIT Group (Hungary) Ltd.)	Hungary	100	%
Centennial Aviation (Ireland) 1, Ltd.	Ireland	100	%
Centennial Aviation (Ireland) 6, Ltd.	Ireland	100	%

6

Centennial Aviation (Ireland) 7, Ltd.	Ireland	100	%
CIT Aerospace International	Ireland	100	%
CIT Aerospace International Leasing II	Ireland	100	%
CIT Aviation Finance I (Ireland) Limited (100% economic interest)	Ireland	10	%
CIT Aviation Finance II (Ireland) Limited (100% economic interest)	Ireland	10	%
CIT Brisk Winds Aircraft Leasing, Limited	Ireland	100	%
CIT Capital Finance (Ireland) Limited	Ireland	100	%
CIT Emerald Isle Leasing, Limited	Ireland	100	%
CIT Finance No. 1 (Ireland) Limited	Ireland	100	%
CIT Finance No. 2 (Ireland) Limited	Ireland	100	%
CIT Funding (Ireland) Limited	Ireland	100	%
CIT Group Finance (Ireland)	Ireland	100	%
CIT Group Financial (Ireland) Limited	Ireland	100	%
CIT Holdings (Ireland) Limited	Ireland	100	%
CIT Holdings No. 2 (Ireland)	Ireland	100	%
Equipment Protection Services (Europe) Limited	Ireland	100	%
Flugzeug Limited	Ireland	100	%
CIT Group Italy Srl	Italy	100	%
CIT Vendor Finance Japan K.K.	Japan	100	%
CIT Financial (Korea) Ltd.	Korea	100	%
CIT Luxembourg Cobblestone Leasing S.a.r.l.	Luxembourg	100	%
CIT International (Malaysia) Sdn. Bhd.	Malaysia	100	%
CIT Malaysia One, Inc.	Malaysia (Labuan)	100	%
CIT Malaysia Two, Inc.	Malaysia (Labuan)	100	%
Arrendadora Capita Corporation, S.A. de C.V.	Mexico	100	%
Capita Funding de Mexico, S. De R.L. de C.V.	Mexico	100	%
Capita Servicios S.A. de C.V.	Mexico	100	%
The Capita Corporation de Mexico S.A. de CV SOFOM, ENR	Mexico	100	%
Xerox Leasing de Mexico S.R.L. de C.V.	Mexico	55	%
CIT Funding (Nederland) B.V.	Netherlands	100	%
CIT Group (Nederland) B.V.	Netherlands	100	%
CIT Group Holdings BV	Netherlands	100	%
CIT Holdings B.V.	Netherlands	100	%
CIT Transportation Holdings B.V.	Netherlands	100	%
Emerald Funding (Netherlands) C.V.	Netherlands	100	%
Emerald Funding (No. 2) C.V.	Netherlands	100	%
Emerald Funding (No. 3) C.V.	Netherlands	100	%
Emerald Holdings C.V.	Netherlands	100	%
CIT Group (New Zealand) Limited	New Zealand	100	%
Newcourt Financial Polska Sp. zo.o	Poland	100	%
CIT Group (Portugal) – Renting, Lda.	Portugal	100	%
CIT Financial de Puerto Rico, Inc.	Puerto Rico	100	%

7

Newcourt Financial CIS, LLC	Russia	100	%
CIT Aerospace Asia Pte Ltd.	Sinapore	100	%
CIT Group (Singapore) Pte Ltd.	Singapore	100	%
CIT Group Capital Finance (Singapore) Pte Ltd.	Singapore	100	%
Newcourt Financial España S.A.	Spain	100	%
CIT Aerospace Sweden AB	Sweden	100	%
CIT Group (Nordic) AB	Sweden	100	%
CIT Group (Switzerland) AG	Switzerland	100	%
CIT Group (Taiwan) Limited	Taiwan	100	%
CIT (PL) Limited	U.K.	100	%
CIT Asset Finance (UK) Limited	U.K.	100	%
CIT Aviation Finance I (UK) Ltd. (100% economic interest)	U.K.	10	%
CIT Aviation Finance II (UK) Ltd. (100% economic interest)	U.K.	10	%
CIT Bank Limited.	U.K.	100	%
CIT Capital Aviation (UK) Limited	U.K.	100	%
CIT Capital Finance (UK) Limited	U.K.	100	%
CIT Commercial (UK) Limited	U.K.	100	%
CIT Equipment Finance (UK) Limited	U.K.	100	%
CIT Group (NFL) Limited	U.K.	100	%
CIT Group (UK) Funding Limited	U.K.	100	%
CIT Group (UK) Limited	U.K.	100	%
CIT Group (UK) Property Limited	U.K.	100	%
CIT Group (UK) Services Limited	U.K.	100	%
CIT Group (UK) Vendor Services Limited	U.K.	100	%
CIT Group Holdings (UK) Limited	U.K.	100	%
CIT Industrial Finance (UK) Limited	U.K.	100	%
CIT Lease Limited	U.K.	100	%
CIT Programme Management (UK) Limited	U.K.	100	%
CIT Vendor Finance (UK) Limited	U.K.	100	%
ERF Leasing Limited	U.K.	100	%
Torontosudden Limited	U.K.	100	%

8