The International Factoring Association, in conjunction with its NEXGEN Committee, announced the winners of the inaugural NEXGEN Awards. The recipients will be honored at the IFA’s annual conference on May 1 in Miami.
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 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.