Clarus Capital (Clarus) completed an upsizing of its existing loan facility for an established, family office backed private aviation platform. The facility, now totaling $35 million, will continue to support the company’s ongoing fleet management.
Clarus CEO Steve O’Leary said, “Clarus’ increased facility is the latest realization of our institutional goal to serve as long-term partners to our clients. 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 Chairman Tim Conway added, “Clarus’ upsized facility demonstrates our commitment to efficiently scaling with existing client’s capital requirements. With significant balance sheet capacity, we remain committed to providing reliable and scalable capital solutions for leveraged companies across a wide range of industries.”