FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News

Print

Clarus Capital Closes $20MM Loan Facility Backed by Data Center IT Equipment

November 16, 2022, 07:15 AM
Filed Under: Technology

Clarus Capital announced it has completed a new loan facility for a diversified, value-add business services provider. Clarus’ financing will support the company’s acquisition of new data center assets and further enhances its competitive position as a market leader in the data processing space.

Clarus CEO Steve O’Leary said, “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. 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.”







Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.