Clarus Capital announced the closing of a $10 million equipment loan facility for a sponsor-backed industrial recycling company. Immediate financing proceeds replenished liquidity for recently acquired production assets, with dry powder reserved for upcoming equipment purchases to support production modernization across its national footprint.

Clarus CEO Steve O’Leary stated, “Our client plays a key role in reducing hazardous waste for some of the country’s most widely used durable materials and converting them into products with diverse end market applications. This transaction showcased Clarus’ ability to offer a flexible financing structure while meeting all critical deadlines for our client.”

Tim Conway, Clarus Chairman, added, “Clarus continues to serve as the go-to partner for sponsor backed companies looking to unlock liquidity in essential use assets. We look forward to continuing to support this sponsor and its portfolio companies on other long-term value creation initiatives.”