In June 2023, Stratus Financial successfully closed a new credit facility for $30 million. This credit facility is aimed at increasing the funding capacity for students pursuing their aviation dreams. With this new facility, Stratus Financial will be able to work faster, smarter, and better in the industry, helping more pilots than any other lending facility in the flight training industry.
Brandon Martini, Stratus Financial COO, commented: We are excited to announce the successful close of this new credit facility, which will allow us to fund more pilots than any other source in America. Our sole purpose is to provide additional funding for our students, and this deal will help us achieve our goal of representing student pilots and giving them the best service connections to the aviation world and needed access to capital so that they can achieve their aviation dreams."
Chris Ragland, Stratus Financial CIO, added, "The successful closing of this $30 million credit facility has generated significant excitement among investors who are eager to create more opportunities for students. We are confident that this new facility will enable us to further our mission of providing world-class financing solutions to student pilots."
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