Clarus Capital Closes $10MM Lease Financing for Public Network Operator

Clarus Capital completed a new $10 million lease facility for a public network operator. The funding will support regularly scheduled investments from the company that it will use to expand capacity and refresh existing technology as part of its ongoing strategic upgrade.

“Our client is a fixture in the communities it services and we value the opportunity to support its strategic objectives today, with ample dry powder to grow the relationship into the future,” Steve O’Leary, CEO of Clarus Capital, said. “Clarus continues to structure and execute transactions up to $40 million for its own balance sheet with reliability and certainty of closing. We look forward to additional opportunities to support the company’s capital requirements.”

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