FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Clarus Capital Increases Loan Facility to $35MM for Closely Held Aviation Services Provider

April 22, 2024, 07:44 AM
Filed Under: Aviation

Clarus Capital 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 commented “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.”  







Comments From Our Members

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