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.
“We are thrilled to provide financing to McGinty and its best-in-class management team,” Steven Katz, senior vice president of lender finance at Texas Capital Bank, said. “Providing revolving lines of credit and treasury services to our lender finance borrowers is just one of the ways that Texas Capital Bank delivers substantial value for our clients at every stage of their business life cycle.”
“Expanding McGinty Road’s financing will allow us to grow our business and we are delighted to partner with Texas Capital,” Tiffany Parr, a partner at and CFO of McGinty Road Partners, said.
Founded in 2016, McGinty Road Partners is a credit firm based in Minneapolis. It deploys capital among three niche strategies, including equipment finance, loan portfolios and corporate credit.
