Clarus Capital completed an upsizing of its existing loan facility for a family-office backed private aviation platform. The expanded facility, now totaling $38 million, will further support the company’s fleet management amidst accelerating demand for private air travel.
“We appreciate the opportunity to continue supporting this client as its needs evolve throughout business cycles. Scaling our commitment with this client reflects the diligent and collaborative work across our organization including originations, underwriting and operations,” Steve O’Leary, CEO of Clarus Capital, said.
“Clarus’ balance sheet allows us to provide clients with flexible, scalable financing solutions for essential‑use assets,” Tim Conway, chairman of Clarus Capital, said. “Increasing this facility for the second time in three years reflects both the strength of this client’s platform and our commitment to supporting their continued growth as a long‑term capital partner.”
