Clara Capital Secures $20 Million Line of Credit from Revere Capital to Accelerate Growth

SYOSSET, N.Y.--(BUSINESS WIRE)--Clara Capital Servicing LLC (“Clara Capital”), a leading provider of innovative financial lending solutions for small and medium sized businesses, is excited to announce the successful closing of a $20 million line of credit with Revere Capital, a renowned private lending firm.

The newly secured line of credit will fuel Clara Capital's ability to accelerate growth, serve an even broader range of clients, and strengthen its position as a leader in the financial services sector.

“Securing this line is a game changer for Clara in our growth journey,” said Ryan Adwar, CEO of Clara Capital. “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.”

As part of its mission to provide best-in-class financial services, Clara Capital remains focused on supporting businesses in achieving their financial goals with flexible, personalized solutions. This financing round will help the company continue to provide businesses with the working capital they need to grow in today’s dynamic market.

“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,” said Matthew Byron, CFO of Clara Capital. “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.”

About Clara Capital

Clara Capital is a leading financial services firm specializing in providing customized financing solutions for small and medium sized businesses. With a client-focused approach, the company offers a diverse range of lending products designed to meet the unique needs of its customers. Clara Capital is recognized for its commitment to innovation, flexibility, and exceptional customer service, earning a spot among the top 15 financial services companies in the country on the 2024 Inc. 5000 list. By leveraging deep industry expertise and a personalized approach, Clara Capital helps businesses grow and succeed in an ever-evolving financial landscape.

About Revere Capital

Founded in 2006, Revere Capital is an institutional private credit manager with deep expertise in specialty finance as well as in lower middle-market commercial real estate bridge lending. Its specialty finance team is focused on providing credit facilities to non-bank lenders and other originators of financial assets.