Quasar Capital Partners closed a $12.5 million subordinate debt facility. The financial injection complements the company’s $40 million senior facility and was provided by Haversine Funding.
Quasar Capital Partners appointed Tanya Fontenot vice president of business development. Based in Baton Rouge, LA, and with more than 17 years of experience in the finance industry, in her new role, Fontenot will aim to leverage her skill set to drive growth and innovation within Quasar Capital.
Quasar Capital Partners, a diversified asset-based lender and factor based in Austin, TX, closed a new $30 million senior lending facility and an accordion feature to $40 million with Texas Capital to further expand its funding capabilities.
Quasar Capital Partners welcomed Sam Tork to its partnership. Tork is transitioning from his previous role with Quasar Capital Partners’ advisory board of directors, where he provided guidance with strategic priorities, and now is serving as an equity partner.
Karol Guerrero, a factoring finance executive with a track record of delivering results and creating value, joined Quasar Capital Partners’ leadership team as CFO and controller.
Quasar Capital Partners, a provider of invoice factoring, asset-based lending and cash flow lending solutions, added Lori Guerrero to its executive team as vice president.
Quasar Capital Partners appointed Sam Tork to its advisory board of directors. As a member of the advisory board, Sam Tork will guide strategic priorities and serve as a senior member of Quasar Capital Partners’ credit, asset review and strategic planning committee.
Quasar Capital Partners, a provider of lending solutions for small businesses in the U.S. and Canada with facility sizes ranging from $1,000 to $5 million, named John Center president. Most recently, Center served as senior vice president of Blacksail Capital Partners.
Brian Center launched a new, Texas-based company, Quasar Capital Partners, which will provide factoring receivables funding and asset-based lending solutions.