Clarus Capital announced it has completed a new $20 million credit facility for a regional airline.

Clarus’ transaction team was led by Matt Worman. “We are delighted to have partnered with our client to provide a constructive, tailored financing solution to support their growth,” said Worman. “We are pleased to be considered and selected for this opportunity and look forward to growing our relationship with the firm,”

Clarus CEO Steve O’Leary added, “As an independent equipment finance company, Clarus possess a strong balance sheet along with the capability to underwrite, structure and execute transactions of this scale for our customers. We are familiar with this operator and think highly of their organization. They have an outstanding leadership team and a valuable portfolio of aircraft. The Clarus team met all the client’s needs for a very smooth execution in a tight timeframe.”

Clarus Capital is a commercial finance company specializing in delivering efficient capital solutions to finance tangible assets for large middle market and corporate borrowers. The Company targets investments up to $30 million across a wide array of equipment types, industries and throughout the credit spectrum via a seasoned group of investment professionals with diverse risk management and structuring expertise. Clarus Capital, backed by BharCap Partners, 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 U.S. middle market companies. The firm is headquartered in Boston, MA and has a nationwide footprint.