FITTLE Leader Among Monitor’s 2022 Top Women in Equipment Finance

10 January 2023

NORWALK, Conn, January 10, 2023, — Monitor has named Nicole Torraco, President, FITTLE, the equipment financing business of Xerox Holdings Corporation, to its 2022 Top Women in Equipment Finance list. The Monitor’s annual list profiles top equipment finance executives who continually demonstrate expertise, influence and innovation in finance leadership.

Nominated by readers and selected by a panel of Monitor’s editors, the honorees are recognized for their dedication, industry stature and accomplishments as advocates.

In the last year, Nicole led the transformation of what was Xerox Financial Services to a global financing business rebranded FITTLE. The company has expanded from a captive leasing operation for Xerox’s print business to a financing solutions provider serving a variety of industries ranging from IT services and software to cleantech.

FITTLE continues to sign new partners, move into industries beyond print, and add new products to its offering. The company is investing in technology, data analytics capabilities, and AI to help build, deploy, and manage innovative financing solutions to meet a wide variety of customer needs.

”Nicole is a true transformational leader. She has embodied the leadership attributes we look for at Xerox. In just over a year, she has rapidly expanded and reshaped our financing and leasing business to deliver a range of solutions to meet our customers’ needs,” said Steve Bandrowczak, chief executive officer at Xerox. “Her growth mindset has brought new partners, industries and technology into FITTLE.”

The Monitor’s 2022 Top Women in Equipment Finance list is featured in the November/December 2022 issue of Monitor and online at


The equipment financing business of Xerox Holdings Corporation, rebranded FITTLE in 2022, is a leading provider of innovative business financing and payment solutions to help businesses adapt and grow. We offer dealer and vendor financing programs for a range of offerings including IT Services, software, audiovisual and security hardware, 3D printing equipment and other business technologies. FITTLE enables innovation and growth through value-add solutions such as bundled billing for support, supplies and maintenance. We currently serve over 150,000 customers in 18 countries, in addition to managing more than 700,000 leases, and drive solutions for more than 1,000 dealers and network partners around the world. Learn more at