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.
Wingspire Equipment Finance closed a $195 million credit facility to further expand its direct funding capabilities. Texas Capital Bank agented the facility and Wells Fargo and Bank OZK served as joint lead arrangers.
Texas Capital Bank provided a new senior lending facility to McGinty Road Partners to support the further expansion of the firm’s equipment leasing capabilities. The size of the facility was not disclosed.
Context Business Lending increased its warehouse line by adding Texas Capital Bank as joint lead arranger to its warehouse facility led by CIBC Bank USA as agent.
Liberty Commercial Finance, an independent equipment lease and finance company, closed a new senior lending facility with Texas Capital Bank to further expand its direct funding capabilities.
RBS Citizens Business Capital announced the launch of its new Lender Finance Group and named Wells Fargo veteran Steven Katz to lead the group as SVP and sales leader.