Clarus Capital announced it has completed a new $25 million lease facility for a rapidly growing, national equipment rental company.

Clarus’ transaction team was led by its Head of Direct Originations, Matt Worman.

“We are very pleased to bring this longstanding relationship to Clarus and look forward to continuing a successful partnership with this important client,” said Worman. “Clarus’ commitment is among the largest independent lease facilities ever provided to this growing platform. The team worked closely with management, resulting in a smooth, on-time closing.”

Clarus CEO Steve O’Leary added, “This was a significant milestone for Clarus, and we appreciate the opportunity to support this impressive client’s growth. This dynamic client continues to successfully execute on multiple expansion strategies and demands equally strong execution from its finance partners. The Clarus team worked very well together and partnered with the client to close the transaction on a tight timeline. Clarus continues to identify and underwrite transactions up to $30 million with confidence in our ability to deliver on our proposals. We look forward to additional opportunities to support this and other clients.”