Clara Capital Servicing – a leading provider of innovative financial lending solutions for small and medium sized businesses – announced the closing of a $20 million line of credit with Revere Capital, a renowned private lending firm.
This newly secured line of credit will fuel Clara Capital’s ability to accelerate growth, serve an even broader range of clients and strengthen the position as a leader in the financial services sector.
With a goal of providing sophisticated financial services, Clara Capital remains focused on supporting businesses in achieving their financial goals with flexible, personalized solutions. This funding round will help the company continue to provide businesses with the working capital they need to grow in today’s dynamic market.
KEY QUOTES:
“Securing this line is a game changer for Clara in our growth journey. The additional funding strengthens our ability to deliver highly customized financing solutions to a wider range of businesses, while enhancing our position in the SMB financing marketplace. Our commitment to delivering exceptional value and support to businesses at every stage of their growth is stronger than ever and we’re excited to continue empowering companies with the resources they need to thrive.”
–Ryan Adwar, CEO of Clara Capital
“This line of credit represents a significant milestone for Clara Capital, as it allows us to take our growth trajectory to the next level, while continuing to prioritize our commitment to delivering unmatched service and tailored financing options to our clients. The Revere team and financing solution was the right fit at the right time for Clara Capital to meet our business plan funding requirements, while accelerating the current IT infrastructure build and our soon to be announced Corporate headquarter expansion.”
-Matthew Byron, CFO of Clara Capital
