Clara Capital Servicing LLC, a provider of financial lending solutions for small- and medium-sized businesses, announced on November 20, 2024, the successful transition of its treasury banking platform to M&T Bank. This marks a new strategic banking relationship for M&T Bank.
As part of this new relationship, M&T Bank will provide Clara Capital with a comprehensive suite of banking services. These services include treasury management and significantly enhanced account management, supporting Clara Capital's financial infrastructure and continued growth.
Michael Lederman, COO of Clara Capital, stated that working with M&T Bank will enhance their ability to deliver seamless, innovative solutions to clients. This collaboration reinforces Clara Capital's commitment to exceptional service and sustainable growth.
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