Clarus Capital Completes $20MM Loan Facility for Business Services Provider
NOV 16, 2022 - 7:07 am
Clarus Capital completed a $20 million loan facility for a diversified, value-add business services provider. Clarus’ financing will support the acquisition of new data center assets and further enhances the services provider’s competitive position as a market leader in the data processing space.
“This was another example of our ability to deliver equipment finance facilities of significant scale. Our client has a long track record of success, and we were pleased to provide a capital solution tailored to meet their corporate financing objectives,” Steve O’Leary, CEO of Clarus, said. “Clarus continues to structure and execute equipment transactions up to $30 million for its own balance sheet, with reliability and certainty of close. We look forward to additional opportunities to support the Company with other future capital expenditure needs.”
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