Clarus Capital completed an upsizing of its existing loan facility for a family office backed private aviation platform. The facility, now totaling $35 million, will continue to support the company’s ongoing fleet management.
“Clarus’ increased facility is the latest realization of our institutional goal to serve as long term partners to our clients,” Steve O’Leary, CEO of Clarus Capital, said. “Since inception, Clarus has completed facility upsizes for half of our existing customers. We believe this is a testament to our team’s efficiency, reliability and transparency.”
“Clarus’ upsized facility demonstrates our commitment to efficiently scaling with existing client’s capital requirements,” Tim Conway, chairman of Clarus Capital, said. “With significant balance sheet capacity, we remain committed to providing reliable and scalable capital solutions for leveraged companies across a wide range of industries.”
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!