Stratus Financial has closed a new credit facility for $30 million to fund the education of aspiring pilots planning to pursue their aviation dream.
"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," said Brandon Martini, Stratus Financial COO. "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.