Clara Capital Announces Signing of 5 -Year Lease to Significantly Expand Corporate Headquarters

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7:00 AM on Monday, November 25, 2024

The Associated Press

SYOSSET, N.Y.--(BUSINESS WIRE)--Nov 25, 2024--

Clara Capital Servicing LLC (“Clara Capital”), a leading provider of innovative financial lending solutions for small and medium-sized businesses, is thrilled to announce the signing of a 5-year lease for its new corporate headquarters.

The new space, located in Woodbury, NY, is approximately 250% larger than Clara Capital’s current office and reflects the Company’s rapid growth and its commitment to providing a state-of-the-art working environment for its team.

The headquarters is being designed and constructed in partnership with a team of architects and Flexible IT, Clara Capital’s newly managed IT service provider. The facility is set to feature modern design elements, advanced technology infrastructure, and collaborative workspaces tailored to support the Company’s mission of delivering exceptional service to its clients.

“Our new headquarters represents a significant milestone in Clara Capital’s growth journey,” said Ryan Adwar, CEO of Clara Capital. “The expanded space will not only accommodate our growing team but will also provide an inspiring environment to foster innovation, collaboration, and enhanced service delivery for our clients.”

This move aligns with Clara Capital’s broader strategy to support its expanding operations and establish itself as a leading player in the financial services sector. Recent milestones, including securing a $20 million line of credit and transitioning its treasury banking platform to M&T Bank, underscore the Company’s commitment to sustainable, scalable growth.

“We are excited about the opportunities this new space will bring,” added Michael Lederman, COO of Clara Capital. “From fostering a dynamic workplace culture to supporting our clients with even greater efficiency, our new headquarters is a testament to Clara Capital’s forward-thinking vision and continued investment in our future.”

The new headquarters is expected to be completed and operational by the end of January 2025 marking the beginning of a new chapter for Clara Capital as it scales new heights.

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 Flexible IT

http://www.flexibleIT.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20241125733300/en/

CONTACT: Clara Capital

Matthew Byron, CFO

e-Mail:[email protected]

Phone: (516) 534-5843

https://www.linkedin.com/company/clara-capital-llc

https://www.facebook.com/ClaraCapitalNY/

[email protected]

Web:www.claracap.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA