Financing Supports Capacity Expansion and Technology Modernization
Boston, Massachusetts – Clarus Capital (“Clarus”) announced today that it has completed a new $10 million lease facility for a public network operator. The funding will support regularly scheduled investments to expand capacity and refresh existing technology as part of the company’s ongoing strategic upgrade.
Clarus CEO Steve O’Leary stated “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. 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.”
About Clarus Capital
Clarus Capital is a commercial finance company specializing in delivering efficient capital solutions to finance tangible assets for middle market and large corporate borrowers. The Company targets investments up to $40 million across equipment types, industries and throughout the credit spectrum via a seasoned group of investment professionals with diverse risk management and structuring expertise. Clarus Capital was formed as a partnership between a proven leadership team and long-term institutional capital with the goal of building a comprehensive equipment finance platform that addresses the needs of middle market and large U.S. companies. The firm is headquartered in Boston, MA and has a nationwide footprint across the United States. For more detailed information about Clarus Capital, please visit our website at www.claruscap.com or contact us at firstname.lastname@example.org.