Clarus Capital announced it has completed a new $10 million lease facility for a public network operator. The funding will support regularly scheduled investments to expand capacity and refresh existing technology as part of the company’s ongoing strategic upgrade.

Clarus CEO Steve O’Leary said, “Our client is a fixture in the communities it services and we value the opportunity to support its strategic objectives today, with ample dry powder to grow the relationship into the future. Clarus continues to structure and execute transactions up to $40 million for its own balance sheet, with reliability and certainty of closing. We look forward to additional opportunities to support the company’s capital requirements.”