Quasar Capital Partners, a diversified asset-based lender and factor based in Austin, TX, announced it has closed a new senior US$30m lending facility and an accordion feature to US$40m with Texas Capital to further expand its funding capabilities.
John Center, partner at Quasar Capital, expressed his views: "Texas Capital has provided an incredible opportunity for us to solidify the growth Quasar Capital has experienced in these past two-plus years. This partnership solidifies our position in the market and enhances our ability to provide unparalleled service to our clients, helping them to flourish in their respective fields."
