UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-K
(X) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For The Fiscal Year Ended December 31, 2000
OR
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For The Transition Period From ________________ to ________________
Commission File Number 333-74847
CIT Equipment Collateral 2000-1
A DELAWARE I.R.S. EMPLOYER IDENTIFICATION
TRUST No. 22-2684998
c/o Capita Corporation
650 CIT Drive, Livingston, New Jersey 07039
Telephone Number (973) 740-5000
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Securities registered pursuant to Section 12(b) of the Act:
Title of each class Name of exchange on
which registered
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Receivable-Backed Notes None
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. YES [X] NO [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]
State the aggregate market value of the voting stock held by non-affiliates of
registrant. The aggregate market value shall be computed by reference to the
price at which the stock was sold, or the average bid and asked prices of such
stock, as of specified date within 60 days prior to the date of filing. Not
Applicable
DOCUMENTS INCORPORATED BY REFERENCE
Not Applicable
TABLE OF CONTENTS
PART I
Item Description Page
- ---- ----------- ----
2. Properties 1
3. Legal Proceedings 1
4. Submission of Matters to a Vote of Security-Holders 1
PART II
5. Market for Registrant's Common Equity and Related Stockholder Matters 1
9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 1
PART III
12. Security Ownership of Certain Beneficial Owners and Management 2
13. Certain Relationships and Related Transactions 2
PART IV
14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K 2
PART I
ITEM 2. PROPERTIES
The Trust owns no physical properties.
ITEM 3. LEGAL PROCEEDINGS
There are no pending legal proceedings.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY-HOLDERS
No matter has been submitted to a vote of the holders of the
CIT Equipment Collateral 2000-1 (the "Trust")
Receivable-Backed Notes or Equity Certificate through the
solicitation of proxies or otherwise.
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
There is no established public trading market for the Equity
Certificate of the Trust. As of December 31, 2000, the number of
holders of record were as follows: Equity Certificate: 1.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.
Not Applicable.
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PART III
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.
Not Applicable.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.
None
PART IV
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K.
a) Documents filed as a part of the report:
(3) Exhibits:
99(a) Independent Auditors' Report
99(b) Management Assertion pursuant to Section 9.04 of the
Pooling and Servicing Agreement dated April 1, 2000 between
CIT Equipment Collateral 2000-1, NCT Funding Company, L.L.C,
Capita Corporation, and The Chase Manhattan Bank
23) Independent Auditors' Consent
b) Current Reports on Form 8-K:
None
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
CIT Equipment Collateral 2000-1
By: Capita Corporation,
as Servicer
By: Frank Garcia
Frank Garcia
Senior Vice President
April 13, 2001
EXHIBIT INDEX
Exhibit No.
99(a) Independent Auditors' Report
99(b) Management Assertion.
23) Independent Auditors' Consent.