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.
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.
Sam Tork joined Allied Affiliated Funding as senior vice president. Tork will focus on building strategic referral relationships and generating new business across the U.S.